IBERSOL | Integrated Management Report | 2025

CONSOLIDATED FINANCIAL STATEMENTS In 2024, acquisition by concentration of business activities corresponds to the intangible assets acquired within the Medfood business (note 6.1). The remaining additions of intangible assets correspond essentially to the improvement of programs and software and to renewal licenses and new franchise contracts. The intangible assets in progress mainly relate to territorial rights to open units, which are paid in advance to the brands when the joint agreements to open units are made between Ibersol and the franchisors. 6.4. Property, plant and equipment Accounting policies Initial recognition and measurement Buildings and other constructions comprise properties dedicated to the restoration activity, as well as expenses with works on third-party property, namely resulting from the installation of restoration shops. Tangible fixed assets are measured at acquisition cost, net of the respective depreciation and accumulated impairment losses. Acquisition cost includes all expenditure directly attributable to the acquisition of the assets. Borrowing costs incurred and borrowing costs for the construction of tangible assets are recognized as part of the construction cost of the asset. Depreciations Depreciation of assets is calculated using the straight-line method, in order to allocate their cost to their residual value, based on their estimated useful life, as follows: 420