IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 monitor compliance of the covenants of obtained credit and guaran- tee the respective waivers before the end of 2020. The Group has been updating financial plans and cashflow projec- tions according to the evolution of the pandemic and recovery fore- casts, to be able to duly monitor the Group’s financial ability to settle liabilities. On 31 December 2020, the Group had 50 million Euros in available surpluses and other investments as well as unused credit lines of up to 46 million Euros, 13 million of which mature in over one year. 19