IBERSOL | 2019 Annual Report

Consolidated Financial Statements Dec/2019 Dec/2018 Rents and condominium fees (outside the scope of IFRS16) 357 156 1 400 411 Discount value (Note 12) 163 257 151 372 External supplies and services 407 358 311 919 Expenses with raw material 66 122 14 976 Other 583 754 683 690 1 577 647 2 562 368 Financial assets impairment is broken down as follows: Dec/2019 Dec/2018 With Impairment With Impairment With Impairment With Impairment Clients c/a 2 161 837 7 236 994 2 712 748 6 833 296 Other debtors 423 824 8 235 419 218 372 6 502 631 2 585 661 15 472 413 2 931 120 13 335 927 As for clients and other debts without impairment, the amounts are broken down as follows: Dec/2019 Dec/2018 Debt not due 2 474 797 2 912 522 Debt due: For less than 1 month 3 896 995 2 987 010 From one to three months 4 883 702 1 768 270 Over three months 4 216 920 5 668 124 15 472 413 13 335 926 The Group’s main activity is the operation of stores of several own brands and fran- chises (note 3.b), and the preferred payment method for its sales is by cash, debit card (or other type of card, for example, card meal). Therefore, the largest volume of credits results from the catering activity, although clients usually pay a part for an advance in the event hiring, as well as the supply of goods and royalties to franchisees. Throughout 2019, a significant part of the stores operated by Ibersol joined home de- livery via aggregators, which resulted in an increase in the balances of Other debtors. Therefore, on December 31, 2019, the balance in Other debtors in addition to the outs- tanding balances of suppliers, debits to suppliers for the recovery of charges for marke- ting and rappel contributions and which do not present risk because they are covered by credits on the same suppliers, also includes balances receivable from aggregators. 264