IBERSOL • 2023 Integrated Management Report

Consolidated Financial Statements 10. Other Provisions and Contingencies 10.1. Other provisions Accounting policies Other provisions are recognized when, and only when, the Group has a present obliga- tion (legal or constructive) resulting from a past event, whenever it is probable that an outflow of resources will be required to settle the obligation and the amount of the obligation can be reasonably estimated. Other provisions are reviewed on the date of each statement of financial position and are adjusted to reflect the best estimate of its fair value at that date. When identifying onerous contracts, the group considers whether the unavoidable costs of complying with the contract exceed the economic benefits expected under such contract. In the event of any onerous contract being identified, a provision is rec- ognized for the difference between unavoidable costs and expected benefits of the contract. At 31 December 2023 and 2022, the detail of other provisions is as follows: dec/2022 Increases Decreases dec/2023 Onerous contracts 1 560 000 - - 1 560 000 Compensation - - - - Others 970 869 11 250 - 982 118 Other Provisions 2 530 869 11 250 0 2 542 118 In 2021, as a result of the application of Law 13/2021 and the losses in passenger traffic caused by the pandemic, the Ibersol group revised the business plans of the concessions in Spain, recognizing a provision for onerous contracts for the Gran Canaria airport activity in the amount of 1.6 million euros, which remains at 31.12.2023. Provisions were also set up in 2022 in the amount of approximately 965,000 euros to meet other possible liabilities arising from litigation / claims. 490