IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 10. FINANCIAL INVESTMENTS 10.1. Investments in jointly controlled entities and associated dec. 2020 dec. 2019 UQ Consult - Serviços de Apoio à Gestão, S.A. 2.699.661 2.566.336 Ziaicos - Serviços e gestão, Lda 838.737 699.226 3.538.398 3.265.562 Accumulated impairment losses 264.000 264.000 3.274.398 3.001.562 Investment related to the joint venture UQ Consult and associate Ziaicos (Note 5), the details of which are as follows: dec. 2020 dec. 2019 UQ Consult - Serviços de Apoio à Gestão, S.A. (1) 2.695.964 2.562.599 Ziaicos - Serviços e Gestão, Lda 3.697 3.737 2.699.661 2.566.336 Accumulated impairment losses - - 2.699.661 2.566.336 (1) UQ Consult - Serviços de Apoio à Gestão, S.A.: dec. 2020 dec. 2019 Goodwill 2.168.982 2.168.982 Equitity (50%) 526.982 393.617 2.695.964 2.562.599 As at 31 December 2020 and 2019, statements of financial position and comprehen- sive income of Ibersol’s jointly controlled interest UQ Consult, were as follows: 361