IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 IBERSOL S.G.P.S., S.A. STATEMENT OF ALTERATIONS TO THE CONSOLIDATED EQUITY FOR THE YEARS ENDED 31 DECEMBER, 2020 AND 2019 (values in euros) Assigned to shareholders Note Share Capital Own Shares Share Premium Legal Reserves Translation Reserve Other Reserves & Retained Earnings Net Profit Total parent equity Non- controlling interests Total Equity Balance on 1 January 2019 36.000.000 -11.180.516 469.937 755.581 -7.140.907 158.974.733 24.962.061 202.840.888 329.204 203.170.093 Changes in the period: Application of the consolidated profit from 2018: Transfer to reserves and retained results 319.930 24.642.131 -24.962.061 - - Conversion reserves - Angola -3.214.646 -3.214.646 -3.214.646 Net consolidated income for the year ended on 31 December, 2019 17.549.228 17.549.228 90.582 17.639.810 Total changes in the period - - - 319.930 -3.214.646 24.642.131 -7.412..833 14.334.582 90.582 14.425.164 Net profit 17..549.228 17.549.228 90.582 17.639.810 Total comprehensive income 14.334.582 90.582 14.425.164 Transactions with capital owners in the period Application of the consolidated profit from 2018: Paid dividends 29 -3.240.002 -3.240.002 -126.779 -3.366.781 - - - - - -3.240.002 - -3.240.002 -126.779 -3.366.781 Balance on 31 December 2019 36.000.000 -11.180.515 469.937 1.075.511 -10.355.553 180.376.862 17.549.228 213.935.467 293 .007 214.228.476 Balance on 1 January 2020 36.000.000 -11.180.516 469.937 1.075.511 -10.355.553 180.376.862 17.549.228 213.935.469 293 .007 214.228.476 Changes in the period: Application of the consolidated profit from 2019: Transfer to reserves and retained results 554.087 16.995.141 -17.549.228 - - Conversion reserves - Angola -2.465.556 -2.465.556 -2.465.556 Net consolidated income for the year ended on 31 December, 2020 -55.197.249 -55.197.249 -109.960 -55.307.209 Total changes in the period - - - 554.087 -2.465.556 16.995.141 -72.746.477 -57.662.805 -109.960 -57.772.765 Net profit -55.197.249 -55.197.249 -109.960 -55.307.209 Total comprehensive income -57.662.805 -109.960 -57.772.765 Transactions with capital owners in the period Application of the consolidated profit from 2019: Paid dividends 29 -49.806 -49.806 - - - - - - - -49.806 -49.806 Balance on 31 December 2020 36.000.000 -11.180.516 469.937 1.629.598 -12.821.109 197.372.003 -55.197.249 156.272.664 133.241 156.405.905 The Board of Directors Porto, 27th April 2021 305