IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 Income and financial gains in 2024 and 2023 are presented as follows: Financial income and gains 2024 2023 Interest income 5 041 286 4 058 991 Other financial income 123 896 464 914 5 165 182 4 523 905 Interest earned essentially refers to interest on term deposits (4,775,723 euros) and interest on treasury bonds in Angola (191,998 euros). The detail of other financial income is presented as follows: 2024 2023 OT's impairment (Note 8.4.) - 157 279 Other financial income 123 896 307 635 123 896 464 914 9. Current and Deferred Taxes 9.1.Current income tax Accounting policies Current income tax is calculated based on the taxable income of the companies included in the consolidation, in accordance with the tax rules in force in the location of the head office of each company included in the consolidation perimeter. In Portugal, the tax estimate (IRC) was calculated under the Special Regime for Taxation of Groups of Companies (RETGS). In Spain, current tax on subsidiaries based in Vigo, Madrid and Barcelona (except Cortsfood and Dehesa) was calculated under the special tax regime for economic groups. The remaining subsidiaries, headquartered in Luanda - Angola, calculate their current tax individually, in light of the regulations in force in the country of their registered office. Uncertain tax positions The amount of estimated assets and liabilities recorded associated with tax proceed- ings results from an assessment by the Group with reference to the date of the state- ment of financial position regarding potential differences of understanding with the Tax Administration. 447