Consolidated Financial Statements
Year 2014
Unit
Recoverable amount
(use value)
Assets account
value
Impairment
losses
Sol units (1 unit)
-4.037
278.798
278.798
Sol units (1 unit)
2.078.680
1.852.690
-
Sol units (7 units)
4.196.803
7.394.136
3.197.333
Total
6.271.446
9.525.624
3.476.131
The following assumptions were used in 2014 impairment tests:
Growth rate in perpetuity
Portugal
3,00% (1% real + 2% inflação)
Discount rate for 5 years period/perpetuity
Portugal
7,7% / 6,8%
As a result from the changes during the year
2015, particularly in SOL units, in which the
context of expectations formulated in 2014 did
not materialize, the tests performed to Ibersol
restaurants with evidences of impairment, re-
sulted in the need to register an impairment in
the amount of 4.080.727 euros, 2.929.579 euros
of which refers to tangible assets, and 1.151.148
euros of intangible assets, as follows:
Year 2015
Unit
Recoverable amount
(use value)
Assets account
value
Impairment
losses
Sol units (7 units)
914.105
4.013.310
3.099.204
Pizza Hut (1 unit)
-
125.786
125.786
Pasta Caffe (1 unit)
-
110.348
110.348
Miit (2 units)
125.406
589.234
463.827
Pizza Movil (2 units)
71.074
352.635
281.561
Total
1.110.585
5.191.312
4.080.727
The following assumptions were used in 2015 impairment tests:
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