IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 Dr. António Carlos Vaz Pinto de Sousa and Dr. António Alberto Guerra Leal Teixeira each hold 2.520 shares of Ibersol SGPS, SA The voting rights attributable to ATPS are also attributable to António Carlos Vaz Pinto de Sousa and António Alberto Guerra Leal Teixeira according to paragraph 1.b) Article 20, and paragraph 1 Article 21, both of the Portuguese Securities Market Code, by holding the domain of ATPS, in which they participate indirectly in equal parts by their companies, respectively, the companies CALUM - SERVIÇOS E GESTÃO, S.A. with NIPC 513799486 and DUN- BAR - SERVIÇOS E GESTÃO, S.A. with NIPC 513799257, which, jointly, hold the ma- jority of the share capital of ATPS. The other entities refer to entities controlled by other holders of significant influ- ence in the parent company of Ibersol Group. The amounts presented refer to rents paid in the year, which, as a result of the adoption of IFRS16, do not correspond to the amount of lease expenses reflected in the 2019 financial statements. As at 31 December 2020, the estimated payment commitments for rents over the term of the respective contracts amount approximately to 18.4 million Euros (31 December 2019: 16.4 million Euros). Transactions with related parties were performed under normal market conditions, thus corresponding to the amount ​that would be charged between unrelated com- panies. 33. IMPAIRMENT During 2020 and 2019, impairment losses were as follows: Dec. 2020 Opening balance Perimeter variation Charge-off and reclassification Impairment assets disposals Impairment in the year Impairment reversal Closing balance Property, plant and equipment 10.981.144 - -285.115 -2.599.023 (5) 831.559 (1) - 8.928.565 Intangible assets 3.722.929 - -2.163 - - - 3.720.766 Inventories 74.981 - - - - - 74.981 Other current assets 2.585.661 -6.883 -1.132.793 - 1.182.100 (2) -43.383 (3) 2.584.691 Other financial assets (current and non-current) 707.366 - - - -543.613 (4) - 163.753 18.072.081 -6.883 -1.420.071 -2.599.023 1.470.046 -43.383 15.472.756 387