IBERSOL | Integrated Management Report - 2024

Consolidated Financial Statements UQ Consult investment includes goodwill of about 2.1 million euros. At the end of December 2024, the Ibersol group acquired 25% of the capital of sev- eral Gallaecia Group companies, as detailed in note 1.2. This investment was classified as a joint venture and was recorded at cost on the date of acquisition (December 31, 2024) and, subsequently, these holdings are measured using the equity method. The main indicators of the companies entering by the equity method are: Currency Assets Equity Capital Turnover Net Profit % Group UQ Consult - Serviços de Apoio à Gestão, S.A. EUR 4 207 919 1 229 237 4 257 368 -7 731 50% Ziaicos - Serviços e gestão, Lda EUR 485 325 485 325 - -42 992 40% Gut & Schnell, SL EUR 1 277 242 72 208 2 711 495 16 042 25% Sapidium Ferrolterra, SL EUR 1 538 734 -272 396 2 140 029 -93 605 25% Original Chicken Compostela, SL EUR 987 593 -419 296 2 017 275 -9 595 25% Frisch Vigo, SL EUR 1 519 136 132 449 2 425 750 45 531 25% Frisch Pontevedra, SL EUR 973 058 38 587 932 825 -67 011 25% Lecker Ourense, SL EUR 792 417 155 503 1 290 473 90 460 25% The proportion of equity and net income attributable to the group is as follows: dec. 2024 dec. 2023 % Net profit Net profit UQ Consult – Serv. de Apoio à Gestão, S.A. 50% -3 866 50 110 Ziaicos - Serviços e gestão, Lda 40% -17 197 -249 Ziaicos - outros ajustamentos 40% -135 988 - Medfood Invest S.L. 40% - 189 217 -157 050 239 078 UQ Consult, SA financial investment was tested for impairment and it was concluded that the recoverable amount, considering its value in use, exceeds the book value. 418