IBERSOL | Integrated Management Report - 2024

Consolidated Financial Statements tests, assets are grouped at the lowest level at which cash flows can be identified separately (cash generating units). The assessment of the existence of signs of impairment of the CGU and the carrying out of the respective tests, if necessary, occurs on an annual basis. Each restaurant is considered a cash generating unit (CGU), and in the case of airports each airport is a CGU. Each CGU comprises all the assets and liabilities attributable to each restaurant, namely: tangible fixed assets, intangible assets, rights of use and respective leasing liabilities. Brands recoverability In the case of brands, valuations were carried out based on the use value calculated based on the Discounted Cash Flow (DCF) method and in accordance with the Roy- alty Relief methodology, that depending on the type of asset, support the recover- ability of its values. The assessments carried out are supported by historical performance, market devel- opment expectations and the strategic development plans of each business. As at 31 December 2024, the concessions, included under the industrial property heading, and the respective associated useful life, are presented as follows: Concession Rights No. Years Limit year for use Lusoponte Service Area 33 2032 2ª Circular Service Area 10 2027 Portimão Marina 60 2061 Pizza Hut Cais Gaia 20 2024 Modivas Service Area 28 2031 Barcelos Service Areas 30 2036 Alvão Service Areas 30 2036 Lousada (Felgueiras) Service Areas 24 2030 Vagos Service Areas 24 2030 Aveiro Service Areas 24 2030 Ovar Service Areas 24 2030 Gulpilhares (Vilar do Paraíso) Service Areas 24 2030 Talhada (Vouzela) Service Areas 25 2031 Viseu Service Areas 25 2031 Matosinhos Service Areas 24 2030 Maia Service Areas 26 2032 404