IBERSOL | Annual Report 2020

Consolidated Financial Statements Balance sheet dec. 2020 dec. 2019 Property, plant and equipment and intangible assets 1.486.329 1.050.353 Non-current financial assets 656 656 Receivables from third parties 1.528.442 1.312.708 Cash and cash equivalents 233.074 100.294 Accruals and deferrals 504.864 187.734 Total assets 3.753.365 2.651.745 Equity 1.053.964 787.233 Long-term term debts 1.356.245 335.943 Short-term debts 1.032.917 1.215.404 Accruals and deferrals 310.240 313.166 Total liabilities 2.699.402 1.864.513 Total equity and liabilities 3.753.365 2.651.747 Profit and loss account dec. 2020 dec. 2019 Operating income 4.164.161 4.002.905 Operating costs -3.872.610 -3.707.719 Net financing cost -27.913 -32.133 Pre-tax income 263.638 263.053 Income tax 3.093 -57.539 Net profit 266.731 205.514 As at 31 December 2020 and 2019, statements of financial position and comprehen- sive income of Ibersol’s jointly associated Ziaicos, were as follows: Balance sheet dec. 2020 dec. 2019 Non-current financial assets Cash and cash equivalents 9.241 9.341 Total assets 9.241 9.341 Equity 9.241 9.341 Total liabilities 0 0 Total equity and liabilities 9.241 9.341 Profit and loss account dec. 2020 dec. 2019 Operating costs -81 -609 Net financing cost -20 -50 Pre-tax income -101 -659 Income tax - - Net profit -101 -659 362