IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 dec/2021 dec/2020 Inverpeninsular Group (1) 35 614 20 403 RETGS (2) - 121 615 Ibersol Angola 70 100 - Cortsfood - 15 483 Others 4 508 11 740 110 222 169 241 (1) tax amount resulting from the tax group of subsidiaries in Spain. (2) income tax resulting from the tax group of subsidiaries in Portugal (RETGS), calculated in 2020. 18.1.2. Income tax payable Income tax payable in the periods ended 31st December 2021 and 2020 is broken down as follows: dec/2021 dec/2020 RETGS (2) 444 395 - Ibersol Angola - 5 473 Outras (1) 12 006 9 856 456 401 15 329 (1) amount of tax resulting from the tax group of subsidiaries in Portugal (RETGS) calculated in 2021. (2) excluded from RETGS, income tax to be paid by subsidiary Iberusa, ACE. 18.2. DEFERRED TAX Changes in deferred taxes in the period are: Deferred taxes 31/12/2021 31/12/2020 Movement in the year (1) Assets 11 088 442 14 914 797 -3 826 355 Liabilities -3 376 658 -3 896 164 519 506 Total 7 711 784 11 018 633 -3 306 849 (1) tax for the year in the amount of 3,389,070 euros (note 27) and 82,222 euros of currency exchange conversion recognized in reserves. Nominal tax rates of the jurisdictions in which the Group is present are as follows: Portugal 21% Spain 25% Angola 25% 407