IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT 31. DIVIDENDS At the General Meeting of 9th May 2019, the company decided to pay a gross divi- dend of 0,10 euro per share (0,10 euro in 2018), representing a total value of 3.240.002 euro for outstanding shares (2.700.006 euro in 2018), settled on 4th June 2019. 32. CONTINGENT ASSETS AND LIABILITIES The group has contingent liabilities regarding related to its business (as licensing, advertising fees, food hygiene and safety and employees, and the rate of success of these processes is historically high in Ibersol). No significant liabilities are expected to arise from the said contingent liabilities 33. OTHER COMMITMENTS ASSUMED On 31st December 2019, responsibilities not recorded by Ibersol’s subsidiaries are mainly made up of bank guarantees provided on their account, as follows: Dec/2019 Dec/2018 Bank guarantees 26 329 519 33 568 604 On type of coverage, bank guarantees are as follows: Leases and rents Other supply contracts Fiscal and legal proceedings Other Other legal claims 24 998 724 23 327 1 242 738 52 731 12 000 The relevant amount comes from the guarantees required by the owners of spaces concession (ANA Airports and AENA Airports in Spain) or leased (shopping centers and other places). 283