IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT The impact of the adoption of the new IFRS 16 standard on opening balances at 1 January 2019 was as follows: Trans. Adjustments 31/12/2018 IFRS 16 01/01/2019 Assets Tangible fixed assets 201 310 291 -4 282 410 197 027 881 Rights of use - 291 085 260 291 085 260 Goodwill 90 846 327 - 90 846 327 Intangible assets 36 146 157 - 36 146 157 Financial investments - joint controlled subsidiaries 2 459 842 - 2 459 842 Non-current financial assets 211 430 - 211 430 Other financial assets 15 753 485 - 15 753 485 Other non-current assets 12 921 343 - 12 921 343 Total non-current assets 359 648 875 286 802 850 646 451 725 Stocks 11 622 326 - 11 622 326 Cash and bank deposits 37 931 124 - 37 931 124 Income tax receivable 3 574 662 - 3 574 662 Other financial assets 3 855 375 - 3 855 375 Other current assets 27 617 179 -872 860 26 744 319 Total current assets 84 600 666 -872 860 83 727 806 Capital and reserves attributable to shareholders Share capital 36 000 000 - 36 000 000 Own shares -11 180 516 - -11 180 516 Share prize 469 937 - 469 937 Legal reserves 755 581 - 755 581 Conversion Reserves -7 140 907 - -7 140 907 Other Reserves & Retained Results 158 974 733 - 158 974 733 Net profit in the year 24 962 061 - 24 962 061 202 840 889 - 202 840 889 Interests that do not control 329 204 - 329 204 Total Equity 203 170 093 203 170 093 Loans 79 182 324 -2 180 000 77 002 324 Liability for leases - 260 041 533 260 041 533 Deferred tax liabilities 10 556 031 - 10 556 031 Provisions 3 244 724 - 3 244 724 Derivative financial instrument 177 570 - 177 570 Other non-current liabilities 150 344 - 150 344 Total non-current liabilities 93 310 993 257 861 533 351 172 526 Loans 52 961 448 - 52 961 448 Liability for leases - 33 928 645 33 928 645 Accounts payable to suppliers and accrued costs 81 387 772 -5 860 188 75 527 584 Income tax payable 162 901 - 162 901 Other current liabilities 13 256 334 - 13 256 334 Total current liabilities 147 768 455 28 068 457 175 836 912 Total Equity and Liabilities 444 249 541 285 929 990 730 179 531 211