IBERSOL Annual Report 2018

ANNUAL REPORT 2018 7. UNUSUAL AND NON-RECURRING FACTS Gains (losses) on the net monetary position, which derive from the subsidiaries in which the functional currency is a currency of a hyperinflationary economy (Ibersol Angola and HCI), are presented as follows: Impact on the consolidated statement of comprehensive income: dec/18 dec/17 Restatement of costs and income -537.191 479.395 Restatement of non-monetary items (*) 1.743.247 5.501.029 Gains (losses) on Net monetary position 1.206.056 5.980.424 (*) mainly tangible fixed assets and intangible assets. Of the value above income tax was recognized in the amount of 526.467 eur (1.738.712 euros in 2017) recognized in the item income tax The restatement of non-monetary items in the consolidated statement of compre- hensive income is presented as follows: dec/18 dec/17 Tangible Fixed Assets (Note 8) 1.613.299 5.403.450 Intangible Assets (Note 9) 129.948 368.523 Stocks 25.540 Other reserves and retained earnings -296.484 1.743.247 5.501.029 The general price index used was that of the National Bank of Angola. 8. TANGIBLE FIXED ASSETS In the years ending on 31 December 2018 and 2017, the following movements took place in the value of tangible fixed assets, depreciation and accumulated impair- ment losses: 249