IBERSOL | Integrated Management Report 2022

Consolidated Financial Statements As at 31 December 2022, the company has commitments to third parties arising from lease contracts, namely real estate contracts. The decomposition of future lease rent payments, taking into account their maturity, can be analyzed as follows: Current Non-Current FC 2023 FC 2024 FC 2025 FC 2026 FC 2027 FC 2028/39 Total non- -current Leases 20 760 371 15 425 192 11 885 854 9 828 462 7 102 991 25 870 839 70 113 338 Interest 4 727 409 3 799 999 3 053 269 2 433 987 1 921 322 9 689 893 20 898 470 Changes in lease liabilities Changes in fiscal years 2022 and 2021 in lease liabilities are presented as follows: 2022 2021 1 January 2022 143 068 335 329 014 533 Variations with impact in cash flows: Lease payments -32 399 561 -34 031 830 Variations with no impact in cash flows: Leases associated with Burger King sale operation -67 281 693 - Interest for the period from updating lease liabilities 4 481 130 9 829 485 Interest for the period from updating lease liabilities of discontinued operations 3 601 415 3 532 166 Lease increases 42 637 420 35 106 030 Contracts terminations / shop closings -100 360 -276 893 Writte-off Lease liabilities AENA contracts - -195 183 511 Reclassification to liabilities directly associated with the group of assets classified as held for sale -1 880 146 - Rent concessions arising from the COVID-19 pandemic -830 996 -4 681 174 Others -421 835 -240 474 31 December 2022 90 873 709 143 068 335 458