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Financial Statements
5.9 Intangible assets
Intangible assets
Acquisition cost Concession Cohesion Software & Total
assets fund other
1,696,298,159
Balance as at 2,063,326,729 (380,686,471) 13,657,901
1 January 2011 308,417
196,547 0 111,870 0
Acquisitions 0 0 0
Disposals 0 2,705,233
Transfers 2,022,946 0 682,287 0
Reclassifications 0 0
(380,686,471) 1,699,311,809
Balance as at 2,065,546,222 14,452,058
31 December 2011 (380,686,471) 1,699,311,809
2,065,546,222 14,452,058
Balance as at 0 288,903
1 January 2012 172,734 0 116,169 0
0 0 0
Acquisitions 0 2,142,419
Disposals 1,821,691 320,727 3,510
Transfers 3,510 (380,686,471) 0
Reclassifications 1,701,746,641
2,067,544,158 14,888,954
Balance as at
31 December 2012
Depreciation of intangible assets
Depreciation Concession Cohesion Software & Total
assets fund other
648,568,742
Balance as at 783,438,022 (146,996,269) 12,126,989
1 January 2011 68,472,484
(15,076,768) 864,319 0
Depreciation charge for the year 82,684,933 0 0 0
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0
Reclassifications 0 717,041,226
(162,073,037) 12,991,308
Balance as at 866,122,955 717,041,226
31 December 2011 (162,073,037) 12,991,308
68,535,405
Balance as at 866,122,955 (15,076,887) 798,493 0
1 January 2012 0 0 0
0 0 0
Depreciation charge for the year 82,813,799 0 0 0
Impairment losses 0 0 0
Disposals 0 785,576,631
Transfers 0 (177,149,924) 13,789,801
Reclassifications 0
Balance as at 948,936,754
31 December 2012
Carrying amounts of intangible assets
Carrying Amount Concession Cohesion Software & Total
assets fund other
As at 1 January 2011 1,279,888,707 (233,690,202) 1,530,912 1,047,729,417
As at 31 December 2011 1,199,423,267 (218,613,434) 1,460,750 982,270,583
As at 1 January 2012 1,199,423,267 (218,613,434) 1,460,750 982,270,583
As at 31 December 2011 1,118,607,404 (203,536,547) 1,099,153 916,170,010
The concession assets represent the right granted to the Company by the Greek State for the use and operation of the Athens International Airport under the ADA.
Financial Statements as at 31 December 2012 (Amounts in Euros unless otherwise stated) Page 39 of 54
5.9 Intangible assets
Intangible assets
Acquisition cost Concession Cohesion Software & Total
assets fund other
1,696,298,159
Balance as at 2,063,326,729 (380,686,471) 13,657,901
1 January 2011 308,417
196,547 0 111,870 0
Acquisitions 0 0 0
Disposals 0 2,705,233
Transfers 2,022,946 0 682,287 0
Reclassifications 0 0
(380,686,471) 1,699,311,809
Balance as at 2,065,546,222 14,452,058
31 December 2011 (380,686,471) 1,699,311,809
2,065,546,222 14,452,058
Balance as at 0 288,903
1 January 2012 172,734 0 116,169 0
0 0 0
Acquisitions 0 2,142,419
Disposals 1,821,691 320,727 3,510
Transfers 3,510 (380,686,471) 0
Reclassifications 1,701,746,641
2,067,544,158 14,888,954
Balance as at
31 December 2012
Depreciation of intangible assets
Depreciation Concession Cohesion Software & Total
assets fund other
648,568,742
Balance as at 783,438,022 (146,996,269) 12,126,989
1 January 2011 68,472,484
(15,076,768) 864,319 0
Depreciation charge for the year 82,684,933 0 0 0
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0
Reclassifications 0 717,041,226
(162,073,037) 12,991,308
Balance as at 866,122,955 717,041,226
31 December 2011 (162,073,037) 12,991,308
68,535,405
Balance as at 866,122,955 (15,076,887) 798,493 0
1 January 2012 0 0 0
0 0 0
Depreciation charge for the year 82,813,799 0 0 0
Impairment losses 0 0 0
Disposals 0 785,576,631
Transfers 0 (177,149,924) 13,789,801
Reclassifications 0
Balance as at 948,936,754
31 December 2012
Carrying amounts of intangible assets
Carrying Amount Concession Cohesion Software & Total
assets fund other
As at 1 January 2011 1,279,888,707 (233,690,202) 1,530,912 1,047,729,417
As at 31 December 2011 1,199,423,267 (218,613,434) 1,460,750 982,270,583
As at 1 January 2012 1,199,423,267 (218,613,434) 1,460,750 982,270,583
As at 31 December 2011 1,118,607,404 (203,536,547) 1,099,153 916,170,010
The concession assets represent the right granted to the Company by the Greek State for the use and operation of the Athens International Airport under the ADA.
Financial Statements as at 31 December 2012 (Amounts in Euros unless otherwise stated) Page 39 of 54
