IBERSOL | Annual Report 2020

Consolidated Financial Statements 18.2.1 Deferred tax assets As at 31 December 2020 and 2019 deferred tax assets on, according to jurisdiction and the temporary differences that generate them, are broken down as follows: 2020 2019 Deferred tax assets Portugal Spain Total Spain Tax losses carried forward 1.378.625 4.153.688 5.532.313 2.674.199 IFRS16 11.158.906 11.158.906 2.980.549 Taxable temporary differences -33.859 -1.220.171 -1.254.030 -1.999.793 Homogenization of property, plant and equipment and intan- gible assets (1) -5.606.236 -1.161.182 -6.767.418 -650.959 Other temporary differences (2) 5.640.488 604.538 6.245.026 1.006.944 1.379.018 13.535.779 14.914.797 4.010.940 (1) deferred taxes that correspond to the difference in the net amount considered in the individual financial statements of the subsidiaries and the net amount to which they contribute in the consolidated financial statements. (2) amount referring, essentially, in 2020 to tax benefits and in 2019 the impairment of accounts receivable, leasing, pension plan and tax benefits. As at 31 December 2020 there are 5,626,294.99 Euros of tax benefits not deducted, to be used in subsequent periods, 1,942,829.89 Euros of RFAI for 2019, 2,528,198.58 Eu- ros of RFAI for 2020 and 1,156,266.52 Euros of CFEI II for 2020 (deductible up to and including 2025). It should be noted that these credits have a reporting period of 10 tax periods, a period whose count was suspended during 2020 and during the following tax period, according to Law No. 21/2021, of 21 of April. The detail of the reportable tax losses of the Spain jurisdiction is presented as follows: ES no limit ES no limit ES no limit ES no limit PT2032 ES no limit Total previous to 2005 2016 2018 2019 2020 Spain 1.091.044 3.212.698 90.386 6.825.144 25.086.629 36.305.901 Portugal - - - - 6.564.880 6.564.880 Total 1.091.044 3.212.698 90.386 6.825.144 31.651.509 42.870.781 376