IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT Issue data 11/04/2016 20/07/2018 28/12/2017 Due date 13/02/2020 20/11/2020 27/12/2020 BNA exchange rate 162,082 254,902 165,098 Amount 812 600 82 Value on 31/12/2019 881 228 685 445 91 546 Gross annual return 5% 7% 7% 12. OTHER NON-CURRENT ASSETS Other non-current assets breakdown is presented as follows: Dec/2019 Dec/2018 Other non-current assets (1) 8 164 336 8 781 933 Credits granted to third parties 464 334 4 479 410 Impairment balances -390 559 -340 000 8 238 111 12 921 343 (1) balance of other non-current debtors is mainly comprised of deposits and securities in Spain resulting from lease agreements. Trade accounts receivable from other debtors are initially recognized at fair value and, in the case of medium and long-term debt, are subsequently measured at amortized cost using the effective interest method, less impairment. In 2019 and 2018, a discount rate of 2% was applied, recognizing the current deferral in the amount of € 163,257 (note 15) and noncurrent in the amount of € 714,049. This update of Spain securities resulted in a loss in the amount of 51,106 euros in 2018 and a gain in the amount of 246,330 eur in 2019 (Note 27). In 2018 an impairment loss of € 340,000 (note 26) was recorded on a balance recei- vable from a Vidisco franchisee, updated in 2019 to 390,559 euros. 261