IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 4.2 Financial results Financial expenses and losses totalled €17.8 million, representing an increase of €1.1 million compared to the same period in 2024. The majority of these expenses and losses correspond to lease interest amounting to €15.5 million (€14.8 million in 2024). Financial income and gains decreased by €2.2 million due to lower investment volumes and changes in the rates of financial resources, with an average annual rate of 2.1%. (Million euros) 12M 2025 12M 2024 var. 25 vs 24 Financial results -14,8 -2,8% -11,7 -2,5% 26,0% Financial expenses and losses -17,8 -3,4% -16,7 -3,5% 6,1% Financial income and gains 3,0 0,6% 5,2 1,1% -41,3% Gains (losses) in associated and joint controlled sub. - Equity method 0,0 0,0% -0,2 0,0% -74,1% 93