IBERSOL | Annual Report 2021

CONSOLIDATED FINANCIAL STATEMENTS Dec 2021 Unit Segment Recoverable amount (use value) Assets account value Impairment losses FrescCo Restaurants 0 1 476 821 1 476 821 Total 0 1 476 821 1 476 821 Results of impairment tests: In 2021, the tests performed resulted in the need to record impairment related to the goodwill allocated to FrescCo units in the amount of 1,476,821 euros (compared to a goodwill impairment value of 7,458,583 euros in 2020), as follows: The FrescCo business showed greater difficulties in the post-Covid-19 recov- ery, which explains the loss of impairment for all the goodwill associated with the FrescCo business. Sensitivity analysis: In the current climate of uncertainty, the assumptions used are sensitive to changes in macroeconomic indicators and to the business assumptions used by manage- ment. Considering the uncertainties regarding the goodwill recovery value due to the fact that they are based on the best information available at the date, changes in the assumptions could result in impacts in determining the level of impairment and, consequently, in the results. Dec 2020 Unit Segment Recoverable amount (use value) Assets account value Impairment losses Eat Out Concessions and Travel 30 630 919 34 973 215 4 342 296 Vidisco Restaurants 0 3 116 287 3 116 287 Total 30 630 919 38 089 502 7 458 583 386