IBERSOL | Integrated Management Report - 2024

Consolidated Financial Statements Investment Property 01 January 2023 8 470 400 Increases - Decreases - Transfers 4 669 911 Depreciation for the year -300 562 31 December 2023 12 839 749 Cost 13 425 032 Accumulated depreciation -585 284 Accumulated Impairment - 31 December 2023 12 839 749 Increases - Decreases - Transfers - Depreciation for the year -300 563 31 December 2024 12 539 186 Cost 13 425 032 Accumulated depreciation -885 847 Accumulated Impairment - 31 December 2024 12 539 186 Investment properties, which at 31 December 2024 and 2023 totaled 12,539,186 euros and 12,839,749 euros, respectively, relate to 9 real estate assets under lease with Burger King Portugal, where Burger King restaurants operate. The rental value of these assets amounted to 677,235 euros in 2024 (638,684 euros in 2023). Movements in investment properties During the year ended on 31 December 2024, the movement in the value of the rights of use, as well as in the respective amortizations, was as follows: Transfers relate to transfers of property, plant and equipment assets. The Group estimates that the fair value of these assets will amount to around 14.5 million euros on 31 December 2024 (13.5 million euros on 31 December 2023). 424