IBERSOL Annual Report and Consolidated Accounts 2017

ANNUAL REPORT 2017 The discount rate is presented net of taxes and was calculated based on the WACC (Weighted Average Cost of Capital) methodology. In 2016, the sensitivity analysis of the discount rate is presented as follows: Discount rate Impairment Additional impairment Notes 5,70% 598.521 6,20% 623.519 6,70% 630.352 Impairment accounted value (*) 7,20% 671.682 41.330 (1) 7,70% 741.790 111.439 (1) (1) for a discounted rate in perpetuity change of 0.5% and 1% would result in a further loss of 41.330 euros and 111.439 euros, respectively. In 2016, the sensitivity analysis of the sales growth rate is presented as follows: Sales growth in the period Impairment Additional impairment Notes over 2% of the base 517.152 over 1% of the base 570.612 base: between 2% and 6% (*) 630.352 impairment accounted value less 1% of the base 804.223 173.872 less 2% of the base 1.033.032 402.681 * Except for the amount of 187.392 euros, resulting from the additional two months of the impairment of the group Eat Out units. In 2017, the sensitivity analysis of the discount rate is presented as follows: Discount rate Impairment Additional impairment Notes 5,70% 169.635 6,20% 169.635 6,70% 169.635 impairment accounted value 7,20% 195.324 25.690 (1) 7,70% 294.358 124.724 (1) (1)Foradiscountedrate inperpetuitychangeof0.5%and1%wouldresult inafurther lossof25.690eurosand124.724euros,respectively. In 2017, the sensitivity analysis of the sales growth rate is presented as follows: Sales growth in the period Impairment Additional impairment Notes over 2% of the base 116.951 over 1% of the base 148.976 base: between 2% and 6% (*) 169.635 impairment accounted value less 1% of the base 248.878 79.244 less 2% of the base 603.691 434.057 243