Consolidated Financial Statements
ANNEX TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED ON 31 DECEMBER 2015
(Values in euros)
1. INTRODUCTION
IBERSOL, SGPS, SA (“Company” or “Ibersol”)
has its head office at Praça do Bom Sucesso,
Edifício Península n.º 105 a 159 – 9º, 4150-146
Porto, Portugal. Ibersol’s subsidiaries (jointly
called the Group), operate a network of 383
units in the restaurant segment through the
brands Pizza Hut, Pasta Caffé, Pans & Com-
pany, Kentucky Fried Chicken, Burger King, O’
Kilo, Roulotte, Quiosques, Pizza Móvil, Miit, Sol,
Sugestões e Opções, Silva Carvalho Catering e
Palace Catering, coffe counters and other con-
cessions. The group has 377 units which it op-
erates and 18 units under a franchise contract.
Of this universe, 83 are headquartered in Spain,
of which 66 are own establishments and 17 are
franchised establishments, and 8 in Angola.
Ibersol is a public limited company listed on the
Euronext of Lisbon.
2. MAIN ACCOUNTING POLICIES
The main accounting policies applied in preparing these consolidated financial statements are de-
scribed below.
2.1 PRESENTATION BASIS
These consolidated financial statements were
prepared according to the International Finan-
cial Reporting Standards (IFRS), as applied in the
European Union and in force on 01 January 2015.
The accounting policies applied on 31 December
2015 are identical to those applied for preparing
the financial statements of 31 December 2014.
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