IBERSOL Annual Report and Consolidated Accounts 2017

ANNUAL REPORT 2017 6. INFORMATION PER SEGMENT Ibersol Administration monitors the business based on the following segmentation: Segment Brands Restaurants Pizza Hut Pasta Caffe Pizza Movil FresCo Ribs StaMaria Counters KFC O'Kilo Miit Burguer King Pans & C.ª Coffee Counters Concessions and catering Sol (AS) Concessions Catering Convenience stores Travel The results per segment for the year ended December 31, 2017 and 2016 were as follows: 31 December 2017 Restaurants Counters Concessions and Catering Other, write off and adjust- ments Total Group Inter-segment client - - - - - External client 103.453.114 205.855.179 137.703.228 1.317.574 448.329.095 Turnover 103.453.114 205.855.179 137.703.228 1.317.574 448.329.095 Royalties 3.889.161 8.230.713 1.703.958 - 13.823.833 Rents and Condominium 11.145.574 20.073.398 40.686.993 - 71.905.964 Coste of sales 21.143.289 53.887.018 27.800.747 - 102.831.054 Operating cash-flow (EBITDA) 16.820.900 32.071.277 16.385.824 - 65.278.001 Amortization, depreciation and impairment losses 6.786.849 17.852.292 6.047.251 1.236.084 31.922.475 Operating income (EBIT) 10.034.051 14.218.985 10.338.573 -1.236.084 33.355.525 31 December 2016 Restaurants Counters Concessions and Catering Other, write off and adjust- ments Total Group Inter-segment client - - - - - External client 80.649.482 150.079.074 38.751.162 352.677 269.832.395 Turnover 80.649.482 150.079.074 38.751.162 352.677 269.832.395 Royalties 3.530.661 6.755.681 469.108 - 10.755.451 Rents and Condominium 8.581.986 12.801.982 8.606.111 8.970 29.999.049 Coste of sales 15.695.921 39.746.131 9.104.580 - 64.546.632 Operating cash-flow (EBITDA) 12.794.147 26.494.025 7.820.840 - 47.109.012 Amortization, depreciation and impairment losses 4.371.041 8.990.830 3.091.451 324.911 16.778.233 Operating income (EBIT) 8.423.107 17.503.194 4.729.389 -324.911 30.330.779 235