IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 24. OTHER OPERATING INCOME AND COSTS Other operating and income costs in the periods ended 31 December 2020 and 2019 are broken down as follows: Other operating costs 2020 2019 Direct/indirect taxes not assigned to operating activities 994.677 1.364.139 Currency exchange differences 1.346.841 3.403.120 Losses in fixed assets 918.295 1.939.492 Membership fees, donations samples and inventory offers 96.013 122.827 Impairment adjustments (debts receivable) (Note 15) 1.182.100 1.002.267 Impairment adjustments (debts receivable) (Note 12) - 50.559 Other operating costs 575.851 354.774 5.113.777 8.237.177 Other operating income 2020 2019 Supplementary income (1) 2.942.989 6.504.893 Currency exchange differences 3.929.104 8.684.396 Compensations 547.190 500.000 Gains in fixed assets 76.005 60.015 Operating grants 1.915.210 155.596 Impairment adjustments reversion (debts re- ceivable) (Note 15) 43.383 405.000 Reduction of provision 247.951 Investment grants 58.953 64.639 Other operating gains 156.147 76.725 9.668.981 16.699.215 Other operating income / (costs) 4.555.204 8.462.038 (1) result mainly from revenues from franchise agreements (Eat Out Group) and suppliers. 25. EXPENSES AND LOSSES AND INCOME AND FINANCIAL GAINS Financial expenses and losses in the periods ended 31 December 2020 and 2019 are broken down as follows: Financial expenses and costs 2020 2019 Interest on rentals liabilities (IFRS16) 16.770.370 17.524.539 Interest paid 3.122.898 3.659.132 Other financial expenses and costs 1.491.665 1.490.244 21.384.933 22.673.915 381