IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 9.2.1. Deferred tax assets At 31 December 2024 and 2023 the detail of deferred tax assets, according to the jurisdiction, is as follows: dec/2024 dec/2023 Deferred tax assets Spain Spain Tax losses carried forward 9 890 119 10 615 878 Deductible and taxable temporary differences (IFRS16) 3 846 999 1 938 048 Homogenization of property, plant and equip- ment and intangible assets -5 489 120 -1 209 681 Other temporary differences 959 176 892 402 9 207 174 12 236 647 Deductible and taxable temporary differences (IFRS 16) Deferred taxes resulting from a temporary difference by applying IFRS16 in the Group’s consolidated accounts, not applicable in the statutory accounts of the subsidiaries in Spain and Angola. The breakdown between deductible and taxable differences is as follows: dec/2024 dec/2023 Deferred tax assets Spain Spain Deductible temporary differences (IFRS16) -52 699 102 -41 971 913 Taxable temporary differences (IFRS16) 56 546 101 43 909 961 3 846 999 1 938 047 Homogenization of tangible fixed assets and intangible assets Deferred taxes corresponding to the difference between the net value of fixed assets considered in the individual financial statements of the subsidiaries and the net value they contribute in the consolidated. Tax losses carried forward The detail of tax losses carried forward from Spain is presented as follows: 2018 2019 2020 2021 2023 2024 Total Spain 26 228 6 397 116 23 141 511 14 326 948 2 229 962 13 187 480 59 309 245 Total 26 228 6 397 116 23 141 511 14 326 948 2 229 962 13 187 480 59 309 245 451