IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 Accounts receivable from other debtors are initially recognized at fair value and, in the case of medium and long-term debts, are subsequently measured at amortized cost, using the effective rate method, less impairment adjustment. The Group considers that this asset is not exposed to relevant credit risk, since in general these assets are directly associated with rent payment obligations. These guarantees may be executed by the beneficiaries in the event of contractual breach by Ibersol, such as in cases where the rent is not paid. The value of the guarantees and deposits related to the Airport lease agreements in Spain with AENA at 31 December 2024 total 7,613,702 euros (6,433,518 euros in 2023). 5.2.3. Other debtors On 31 December 2024 and 2023 the balance under Other debtors includes aggrega- tors, other suppliers’ debts, debits to suppliers for the recovery of charges for mar- keting and rappel contributions, meal vouchers (delivered by customers), short-term guarantees and miscellaneous advances, as follows: dec/2024 dec/2023 Meal card/Aggregators 935 848 1 521 156 Deposits and guarantees 330 776 292 448 Marketing and rappel 847 243 936 347 Other debtors 4 894 742 1 077 074 Advances 79 009 484 643 Staff expenses 388 994 251 886 Suppliers balance 496 654 350 329 Credit sales 696 377 632 431 Continente card 158 371 59 672 Total 8 828 015 5 605 985 Meal card/Aggregators The “Meal card” amounts refer to payments at the establishments and that are charged to the card issuers electronically after 15 days of processing or when by physical de- livery after collection, checking and deposit. The Aggregators transfer the collections made on behalf of the restaurants within an average period of 15 days. Marketing and rappel The Marketing and rappel item corresponds to amounts debited to Suppliers at the end of the year. Suppliers balance Balances with suppliers correspond to debits made in December and are collected on the date of payment in the following month. 393