IBERSOL Annual Report and Consolidated Accounts 2017

Consolidated Financial Statements In relation to the segments above, the following cash flow units were identified: UGC Dec. 2017 Dec. 2016 Restaurants Ribs 4.053.581 4.053.581 FresCco 1.476.821 1.476.821 Pizza Movil 9.132.746 9.132.746 Pizza Hut 1.972.242 1.972.242 Sub-total 16.635.390 16.635.390 Counters Pans & C.º 11.850.160 11.850.160 Burguer King 24.641.046 24.641.046 KFC 708.785 708.785 Sub-total 37.199.991 37.199.991 Concessions and Catering Concessions & travel 35.823.319 35.823.319 Catering 3.024.365 3.024.365 Sub-total 38.847.684 38.847.684 Other 179.721 179.721 TOTAL 92.862.786 92.862.786 Evaluations were performed based on the use value calculated based on the Discounted Cash Flow (DCF) method and that support the recoverability of the goodwill values. In the impairment tests carried out, with the same assumptions of the discount and growth rate set forth in note 8, the values reached are supported by historical performance, market development expectations and the strategic development plans of each business. The tests performed did not determine any impairment at the level of the cash generating units to which Goodwill is allocated. The impairment tests carried out revealed that the recoverable value is more than 20% of the book value. In the valuation of the Pans and Ribs brands the discount rate of 7.5% was used. 248