IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 9.2.1. Deferred tax assets At 31 December 2023 and 2022 the detail of deferred tax assets, according to the jurisdiction, is as follows: Dec/2023 Dec/2022 Deferred tax assets Spain Spain Tax losses carried forward 10 615 878 10 621 807 Deductible and taxable temporary differences (IFRS16) 1 938 048 576 596 Taxable temporary differences - -645 937 Homogenization of property, plant and equip- ment and intangible assets -1 209 681 -1 140 379 Other temporary differences 892 402 577 171 12 236 647 9 989 258 Deductible and taxable temporary differences (IFRS 16) Deferred taxes resulting from a temporary difference by applying IFRS16 in the Group’s consolidated accounts, not applicable in the statutory accounts of the subsidiaries in Spain and Angola. The breakdown between deductible and taxable differences is as follows: Dec/2023 Dec/2022 Spain Spain Deductible temporary differences (IFRS16) -41 971 913 -9 772 057 Taxable temporary differences (IFRS16) 43 909 961 10 348 652 1 938 047 576 596 Homogenization of tangible fixed assets and intangible assets Deferred taxes corresponding to the difference between the net value of fixed assets considered in the individual financial statements of the subsidiaries and the net value they contribute in the consolidated. 487