CONSOLIDATED FINANCIAL STATEMENTS
16.3. OTHER RESERVES AND RETAINED EARNINGS
The Group’s non-available reserves reached 11.179.347 euros and refer to own shares held
by the Group (11.179.347 euros).
The amounts distributed to shareholders are determined based on the parent individual
financial statements, which show the available amount of 131.370.831 euros.
There are no limits to Ibersol’s ability to assign or use Group assets and settle Group liabi-
lities, other than those which result directly from the law.
16.4. INTERESTS THAT DO NOT CONTROL
In the years ending on December 31st 2016 and 2015, the interests that do not control were
as follows:
%
Dec. 2016
Dec. 2015
Dec. 2016 Dec. 2015
Ibersande
0%
20%
-
4,905,211
IBR Imobiliária, S.A.
0%
2%
-
244,783
Gravos 2012
0%
2%
-
16,548
Restmon
39%
39%
-33,038
-26,307
Dehesa
50%
-
384,175
-
Others
-17,738
-18,548
333,399
5,121,687
Movements in the year in 2016 and 2015 in interests that do not control were as follows:
Dec. 2016
Dec. 2015
1st January
5.121.687
4.976.886
Increases (1)
916.408
144.800
Decreases (2)
-5.704.696
-
December 31st
333.400
5.121.686
(1) Changes in 2016 relate to the results of the non-controlling interest year (47.569 eur), and the effect on minorities of the purchase of the Eat Out
Group (868.839 eur), according to note 5.2.1. Changes in 2015 refer to the year’s results of interests that do not control.
(2) Decrease in 2016 resulting from the distribution of dividends by minority shareholders (4.337.233 eur), the purchase of 10% from the subsidiary IBR
Imobiliária, SA to interests that do not control (260.522 eur) and the incorporation of Ibersande’s 20%, for the acquisition of the Eat Out Group, according
to note 5.2.1.
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