IBERSOL | 2019 Annual Report

Consolidated Financial Statements In 2018 impairment tests were made from which resulted the need to record an im- pairment loss in the amount of 2,032,182 euros, of intangible assets and goodwill as follows: Year 2019 Unit Recoverable amount (use value) Assets account value Impairment losses Sol (2 units) - 15.723 15.723 Vidisco (UGC) 7.116.287 9.132.746 2.016.459 Total 7.116.287 9.148.469 2.032.182 Sensitivity analysis: In 2019, the sensitivity analysis of the sales growth rate is presented as follows: Discount rate Impairment Additional impairment/ (Excess) Notes 7,00% 2 353 842 -1 646 158 7,50% 3 261 364 -738 636 8,00% 4 000 000 impairment accounted value (*) 8,50% 4 612 262 612 262 (1) 9,00% 5 127 624 1 127 624 (1) (1) for a perpetuity discount rate of 0.5% and 1% would result in an additional loss of € 612,262 and € 1,127,624, respectively. In 2019, the sensitivity analysis of the growth rate in perpetuity is presented as follows: Growth rate in perpetuity Impairment Additional impairment/ (Excess) over 1% of the base 2 704 161 -1 295 839 over 0.5% of the base 3 417 362 -582 638 base: 2.5% 4 000 000 less 0.5% of the base 4 484 860 484 860 less 1% of the base 4 894 703 894 703 Goodwill is allocated to each of the groups of homogeneous cash-generating units as follows: Dec/2019 Dec/2018 Restaurants 11 740 829 14 618 931 Counters 37 199 991 37 199 991 Concessions and Catering 38 847 684 38 847 684 Other, write off and adjustments 179 721 179 721 87 968 225 90 846 327 256