Good afternoon, ladies and gentlemen, and thank you for joining. At this time, we would like to welcome everyone to Edenor's 2Q 2022 Earnings Conference Call. We would like to inform you that this event is being recorded. After the company's remarks are completed, there will be a question-and-answer section through the webcast chat.

Before proceeding, let me mention that forward-looking statements are based on the beliefs and assumptions of Edenor's management and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events and therefore, depend on circumstances that may or may not occur in the future.

Investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of Edenor and could cause results to differ materially from those expressed in such forward-looking statements. Now I'll turn the conference over to Mr. German Ranftl, CFO of Edenor. Thank you..

ARS 674 million in new connections, ARS 1,638 million in grid enhancement, ARS 1,329 million in maintenance, ARS 52 million in legal requirements, ARS 217 million in communication and telecontrol and ARS 582 million in other investment projects. Services quality standards.

Quality standards are measured based on the duration and frequency of service outages using SAIDI and SAIFI indicators. SAIDI refers to the duration on outages and measures the number of outage hours a user experience per year. And SAIFI refers to the frequency of outages and measures the number of times a user experience and outage during a year.

At the closing of the second quarter of 2022, SAIDI and SAIFI indicators for the last 3 months were 10 hours and 4 outages on average per client per year, evidencing a 16% and an 8% improvement, respectively, compared to the same periods of the previous year.

This recovery in service levels is mainly due to the investment plan devices by the company since 2014. The different improvements implemented in the operating process and the adoption of technologies applies to the grid operations and management. This number of SAIDI and SAIFI indicators are the lowest that the company has had in all its history.

Energy losses. In second quarter of 2022, energy losses experienced a 17.6% decrease and against 18.3% for the same period of the previous years. The work of multidisciplinary teams to develop new solutions to energy losses continued as well as a market discipline actions aiming to reduce them.

Analytical and artificial intelligence tools were used to enhance effectiveness in the routing of inspections, and DIME actions continues with the objective of detecting and normalizing irregular connections, fraud and energy tap.

In addition, during the 3 months period, April, June -- to June 2022, 82,058 inspections of tariff 1 residential and general users were conducted with a 60.6% efficiency. While for the same period of the previous years, 148,178 inspections have been conducted with a 52.2% efficiency.

Moreover, 6,416 integrated energy meters were installed during this first 6 months of 2022. Regarding the recovery of energy, besides the normalization of customers with mini meters, clandestine customers with conventional meters were also put back to normal.

Moreover, a new energy balance system was implemented as well as the development of micro balances in private neighborhoods. In other cases, a rate of recidivism and fraud has been observed. Finally, this concludes my review on Edenor.

And I would like to thank you, the support shown by our investors and our bondholders and your interest in participating today. We are open now for questions through our chat. Thank you very much..

German Ranftl:.