IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 Sensitivity analysis The sensitivity analysis performed, with an increase of 1% in the discount rate used for each of the segments, did not lead to signs of additional impairments. Since the CGU for which impairments were recognized, they were already recog- nized at 100%, at the store level. In addition, we have not identified any additional risks arising from greater volatility in terms of projections of business developments in the medium term, with the exception of the travel business in Spain, as described in Note 9. The impairment determined in the CGU identified above was fully allocated to prop- erty, plant and equipment. Notwithstanding the CGU include other assets (RoU and intangible), considering the materiality of the impairment determined and the lower weight of the other assets of each CGU, the allocation of the impairment would not result in significant differences in the presentation of the financial statements. Additionally, we recorded losses in the amount of approximately 887 thousand Eu- ros due to the closure of restaurants during the year. 9. INTANGIBLE ASSETS AND GOODWILL Goodwill and intangible assets are broken down as follows: dec. 2020 dec. 2019 Goodwill 80.509.642 87.968.225 Intangible assets 36.849.594 36.440.964 117.359.236 124.409.189 During the periods ended 31 December 2020 and 2019, intangible assets, amortiza- tion and accumulated impairment losses were as follows: 353