IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 12. OTHER NON-CURRENT ASSETS Other non-current assets breakdown is presented as follows: dec/2021 dec/2020 Other non-current assets (1) 7 524 331 7 743 025 7 524 331 7 743 025 Balance of other non-current debtors is mainly comprised of deposits and securi- ties in Spain resulting from lease agreements. Trade accounts receivable from other debtors are initially recognized at fair value and, in the case of medium and long- term debt, are subsequently measured at amortized cost using the effective interest method, less impairment. The Group considers that this asset is not exposed to significant credit risk, since in general these assets are directly associated with rent payment obligations. These guarantees may be enforced by the beneficiaries in the event of breach of contract by Ibersol, for example in cases where the rent is not paid. The value of bonds and deposits related to contracts with AENA as at 31st Decem- ber 2021 total 5,242,081 euros. 13. INVENTORIES As at 31st December 2021 and 2020, stocks were broken down as follows: dec/ 2021 dec/ 2020 Raw material and consumables 15 326 340 11 309 509 Goods 466 099 367 487 15 792 439 11 676 996 Decreases -74 981 -74 981 Net inventories 15 717 458 11 602 015 395