IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 dec/2025 dec/2024 Deferred tax assets Spain Spain Tax losses carried forward 8 147 201 9 890 119 Deductible and taxable temporary differences (IFRS16) 4 870 399 3 846 999 Homogenization of property, plant and equipment and intangible assets -5 134 729 -5 489 120 Other temporary differences 1 215 888 959 176 9 098 759 9 207 174 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 in Spain, is as follows: dec/2025 dec/2024 Spain Spain Deductible temporary differences (IFRS16) -42 938 156 -52 699 102 Taxable temporary differences (IFRS16) 47 808 555 56 546 101 4 870 399 3 846 999 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 state- ments 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: 475