IBERSOL Annual Report 2018

ANNUAL REPORT 2018 December 2017 Starting balance Perimeter variation Cancellation Impairment assets disposals Impairment in the year Impairment reversion Closing balance Tangible fixed assets 11.467.097 - - -727.460 169.635 (1) - 10.909.271 Intangible assets 3.710.538 - - -3.332 - - 3.707.206 Stocks 74.981 - - - - - 74.981 Other current assets 2.753.877 305 -1.176.843 - 702.271 (1) -119.940 (3) 2.159.669 18.006.493 305 -1.176.843 -730.792 871.905 -119.940 16.851.128 (1) amortisation, depreciation and impairment losses of TFA and IA; (2) other operating income; (3) other operating costs; (4) recorded in other reserves and retained earnings (as at 01 January 2018) 1.052.331 euros and net financing cost (111.569 euros), note 27. The impairment losses of tangible fixed assets and intangible assets are detailed as follows: Year 2017 Tangible fixed assets Intangible assets Total Pans (1 unit) 32.567 - 32.567 Pizza Móvil (2 units) 137.068 - 137.068 169.635 - 169.635 Year 2018 Tangible fixed assets Intangible assets Total Pasta Caffé (1 unit) 211.714 - 211.714 Sol (2 units) 40.976 15.723 56.699 Pizza Móvil (5 units) 397.567 - 397.567 Ribs (1 unit) 385.346 - 385.346 Pans & Company (2 units) 349.503 - 349.503 1.385.106 15.723 1.400.829 Instatement of assets associated impairment losses are detailed as follows: Year 2018 Year 2017 Pans & Company (1 unit) 320.745 Burguer King (1 unit) 1.791 Pasta Caffé (1 unit) 1.905 Pans (2 units) 446.783 MiiT (1 unit) 82.647 Pasta Caffe (1 unit) 110.000 Pizza Móvil (1 unit) 146.841 O’ Kilo (1 unit) 172.219 552.138 730.792 289