IBERSOL | Annual Report 2020

Consolidated Financial Statements dec/2020 dec/2019 Bank guarantees 25.211.435 26.329.519 Bank guarantees by hedge type are as follows: Leases and rents Other supply contracts Fiscal and legal proceedings Other Other legal claims 24.651.327 23.327 472.049 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 centres and other places) under concessions and rents, which amounts to 19,764,000 Euros with AENA Aeroportos. Regarding the precautionary measures requested, aiming at preventing AENA from executing the guarantees and deposits (see Note 12), which has a 26 million Euros benefit. On 26 March 2021, the Court ruled in favour of the precautionary measure. 32. TRANSACTIONS WITH RELATED PARTIES Balances and transactions with related parties in 2020 and 2019 can be presented as follows: Parent entitie Jointly controlled entitie Associated entitie Other entities 2020 2019 2020 2019 2020 2019 2020 2019 Supplies and services 1.000.000 1.000.000 3.667.953 3.767.298 - - - - Rental lease - - - - - - 1.373.755 1.520.719 Accounts Payable - - 1.215.575 1.069.114 - - - - Other current assets - 25.000 - - - - - - Other non- current assets - - - - 300.000 300.000 - - The parent company of Ibersol SGPS S.A. is ATPS - SGPS, SA, holder of 19.767.058 shares. The shareholder company provides management services for the group, under a service provision agreement with the subsidiary Ibersol, Restauração, SA. company directors, Dr. António Carlos Vaz Pinto de Sousa and Dr. António Alberto Guerra Leal Teixeira, exercise their positions without the same company having to incur any additional charges. The company does not pay any remuneration directly to any of its directors. 386