IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 The Group’s main activity is the operation of restaurants of various own brands and franchises, and the preferred mode of payment of its sales is cash, debit card or other type of card, for example, meal card. With the emergence of sales platforms for home delivery, sales collected through the intermediary are gaining expression. The largest volume of credit results from delivery activity through Aggregators, catering sales, although the model of payment in advance is implemented for most customers, as well as the supply of goods and debit of royalties to franchisees. As at 31 December 2024 and 2023, the accounts receivable item breaks down as fol- lows: Note dec/2024 dec/2023 Non-current accounts receivable Non-current financial assets 273 924 396 355 Non-current loans . 495 871 - Other accounts receivable 5.2.2 9 529 435 8 853 318 Accumulated impairment losses -71 880 -100 632 10 227 350 9 149 041 Current accounts receivable Clients 5.2.1. 10 620 875 7 855 070 State and other public entities 4 314 521 4 422 999 Other debtors 5.2.3. 8 828 016 5 605 985 BK sale receivable amount 6 824 843 6 803 122 Advances to suppliers c/a 414 566 258 510 Advances to suppliers of fixed assets 506 405 64 940 Accrued income 5.2.4. 6 789 109 4 664 530 Expenses to be recognised 5.2.5. 2 445 755 1 877 649 Accumulated impairment losses 5.2.1. e 5.2.3. -2 825 362 -2 874 567 37 918 728 28 678 238 Total Accounts receivable 48 146 078 37 827 279 391