IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 Current Non-current FC 2025 FC 2026 FC 2027 FC 2028 FC 2029 FC 2030/52 Total não corrente Leases 75 000 106 46 821 598 32 431 330 29 238 577 32 232 072 73 762 314 214 485 892 Interest 14 735 661 11 626 549 9 492 128 7 610 239 6 028 283 17 953 211 52 710 410 Changes in lease liabilities Changes in fiscal years 2024 and 2023 in lease liabilities are presented as follows: 2024 2023 1 January 229 007 968 90 873 709 Variations with impact in cash flows: Lease payments -49 157 660 -32 805 337 Variations with no impact in cash flows: Leases associated with sold operations - -384 620 Increases due to business combinations 20 611 795 - Interest for the period from updating lease liabilities 14 805 610 10 113 570 Lease increases 75 922 864 164 625 819 Contracts terminations / shop closings -1 515 825 -2 849 832 Others -188 753 -565 340 31 December 289 485 998 229 007 968 Lease payments include 34,352,050 euros (22,691,767 euros in 2023) of principal and 14,805,610 euros (10,113,570 euros in 2023) of interest. The increases due to business combinations (as per Note 6.1), relate to 35 space lease contracts and 16 equipment financial leases. The value of the increases in 2023 corresponds mainly to the new lease contracts for Madrid, Lanzarote and Tenerife airports and two new restaurants in Malaga, totaling 95 million euros, for which the incremental rate updated to current market conditions was used, and the reactivation of the Gran Canaria, Malaga and Alicante contracts, totaling 36 million euros. In addition, the effect of the remeasurement of contracts due to rent updates by the Consumer Price Index and other changes in the expected lease payments also contributed. 439