IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 Gross margin The gross margin, 76.2% of turnover, rose 0.2 p.p. compared to the previous year, reflecting greater stability in food inflation during 2024. Personnel costs The increase in salaries and the start of operations in new conces- sions with provisional formats led to an increase in the weight of the personnel costs item of 0.2 p.p., representing 30.7% of turnover. External Supply and Services Costs related to “External Supplies and Services” account for 27.2% of turnover, representing a reduction of 1.9 p.p. compared to the same period in 2023. However, this reduction is explained by the application of IFRS16 standards to the concession contracts for Alicante, Malaga and Gran Canaria, which reached passenger traffic levels of 2019 and were not relevant for the purposes of applying the standard in 2023, with the respective rents representing 2.9% of turnover in 2023. Amortisations, depreciations, AFT imparity losses, right of use, and Goodwill Amortisation, depreciation, impairment losses of AFT, right of use and Goodwill totalled 72.2 million euros, which corresponds to an increase of 21.5 million euros when compared to the same period in 2023. Amortisation of the right of use corresponds to 46.7 million eu- ros and increased by 16.7 million euros compared to the same period in 2023. There is also the effect of the incorporation of NRS with an impact of 2.6 million euros for six months. 97