Good morning, ladies and gentlemen, and thank you for waiting at this time. At this time, we would like to welcome everyone to Edenor's Fourth Quarter 2019 Results Conference Call. We would like to inform you that, this event is being recorded and all participants will be in a listen-only mode during the presentation. After the Company's remarks are completed, there will be a question-and-answer session. At that time, further instructions will be given. [Operator Instructions] 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. Leandro Montero, CFO of Edenor. Mr. Montero, you may begin your conference.

Thank you very much. Good morning everyone and thanks for joining our fourth quarter 2019 earnings conference call. First, we will focus on the main event that recently took place and then we will review the response of the quarter. As you know, you can always call any member of our team for more details on the results of the period or any doubts you may have. First, last December, the National Executive Branch enacted Social Solidarity and Productive Reactivation Law within the framework of the Public Emergency. Through this, the National Government was vested with the power to maintain electricity and natural gas tariffs, which are under federal jurisdiction, and to begin a process for the renegotiation of the current Tariff Structure Review or an extraordinary review of tariffs, for a maximum term of 180 days, with the purpose of reducing the actual tariff burden on households, businesses and industries for 2020. Provinces were invited to adhere to these policies geared at maintaining the tariff schemes and conducting a renegotiation or an extraordinary review of tariffs in their respective jurisdictions. Additionally, this law enables the National Government to conduct an administrative intervention of Electricity National Regulatory agency, or ENRE for a term of one year, and provided that, during the life of the declared emergency, the ENRE would maintain its jurisdiction over Edenor’s electricity distribution utility service. As of today, the new controller has not yet been appointed. In this context, on December 27 of last year, the ENRE instructed the Edenor to refrain from applying as of January 1, this year, the tariff schedules resulting from the Tariff Maintenance Agreement, concluded between the Company and the National Government dated September 19, 2019, since it has lost its applicability due to the tariff emergency provided in the aforementioned law,…

Thank you and thank you all of you for joining our conference call and have a nice day. Bye.

Thank you. This concludes today's presentation. You may disconnect your line at this time and have a nice day.