6
Introduction
10 Main Indicators
16 Message from the chairman of the
Board of the Directors
18
Year 2016
20 Main Events
24 Economic Context
32
Ibersol Group
34 Business Structure
36 Strategic Profile of the Group
43 Governing Bodies
44
Financial Year Activity
47 Restaurants
67 Counters
85 Other Businesses
100
Consolidated Financial Analysis
114 Risks and Uncertainties
116 Own Shares
120 Outlook
122 Distribution of Results
124 Subsequent events and Statement
of Responsability
126 Acknowledgements
130
Corporate Governance Report
198
Consolidated Financial Statements
278 Statutory Audit Report
and Auditors’ Report
286 Fiscal Board Report
