IBERSOL Annual Report 2018

Consolidated Financial Statements 31 december 2018 Restaurants Counters Concessions and Catering Other, write off and adjustments Total Group Inter-segment Client - - - - - External Client 111.368.519 210.708.864 127.631.661 401.798 450.110.842 Turnover 111.368.519 210.708.864 127.631.661 401.798 450.110.842 Royalties 4.176.382 7.892.814 1.026.344 - 13.095.540 Rents and Condominium 11.231.570 20.281.399 39.632.038 - 71.145.008 Coste of sales 25.863.569 59.151.425 23.784.405 - 108.799.400 Operating income net of Amortization, deprec. and impairment losses 15.694.335 30.364.593 14.990.336 - 61.049.264 Amortization, depreciation and impairment losses 9.520.941 14.312.454 6.513.480 -552.344 29.794.531 Operating income 6.173.394 16.052.139 8.476.856 552.344 31.254.733 31 december 2017 Restaurants Counters Concessions and Catering Other, write off and adjustments Total Group Inter-segment Client - - - - - External Client 103.453.114 205.855.179 137.703.228 1.317.573 448.329.094 Turnover 103.453.114 205.855.179 137.703.228 1.317.573 448.329.094 Royalties 3.889.161 8.230.713 1.703.958 - 13.823.833 Rents and Condominium 11.145.574 20.073.398 40.686.993 - 71.905.964 Coste of sales 21.143.289 53.887.018 27.800.747 - 102.831.054 Operating income net of Amortization, deprec. and impairment losses 16.820.900 32.071.277 16.385.824 - 65.278.001 Amortization, depreciation and impairment losses 6.786.849 17.852.292 6.047.251 1.236.084 31.922.475 Operating income 10.034.051 14.218.985 10.338.573 -1.236.084 33.355.526 Rent and condominium fees do not include the rental of light vehicles and other vehicles. The turnover by brand (sub-segments) is detailed as follows: 244