IBERSOL | Annual Report 2021

Consolidated Financial Performance GLOSSARY Results and Other Interim Income Turnover Sales + Services Rendered Sales Sales of Restaurants + Sales of Merchandise Sales of Restaurants Sales of directily operated restaurants Retail Sales Sales of Restaurants - Concessions and Catering Sales Sales of Merchandise Sales of goods to third parties and franchisees Gross Margin Sales + Services Rendered - Costs of Sales EBIT Margin EBIT / Turnover EBITDA Margin EBITDA / Turnover EBIT (Earnings before Interest and Taxes) Operational Results EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) Operating results less amortisation, depreciation and impairment losses of fxed assets, Rights of Use, Goodwill and Intangible Assets Adjusted EBITDA EBITDA excluding operating income or costs not recurrent Financial Position Capex Tangible and intangible assets additions Interest Coverage EBITDA / Net Financing Costs Net Bank Debt Bonds + bank loans + other loans + fnancial leases - cash, bank deposits, current investmets, and other long-term fnancial applications Net Debt Net Bank Debt + Liability for Leases Gearing Net Debt / (Net Debt + Equity Capital) Financial Autonomy ratio Equity / Total Assets 44