IBERSOL | Integrated Management Report - 2024

Individual Financial Statements 7.5. Financial activity result Accounting policies Net financial costs are essentially associated with interest and ancillary costs on loans obtained, interest on investments made and dividends. Net financial costs are recognized in the income statement on an accrual basis during the period to which they relate. Financial costs and expenses in 2024 and 2023 are as follows: Financial costs and expenses 2024 2023 Interest on commercial paper 141 282 284 963 Commissions on commercial paper 37 906 131 075 Others 11 146 31 648 190 335 447 686 Financial income and gains in 2024 and 2023 are as follows: Financial income and gains 2024 2023 Dividends 30 004 295 30 503 681 Interest on capital loans 6 517 916 7 916 635 Interest on deposits 2 011 661 790 162 38 533 872 39 210 478 In 2024, the amount of dividends received was 30,000,000 euros from Ibersol Res- tauração, SA (30,500,000 euros in 2023), and 4,294.78 euros (3,681.24 euros in 2023) from other investments. Interest on shareholder loans arises from loans granted to subsidiaries, as per note 5.2. 506