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5.10 Held-to-maturity financial assets 2012 2011
Held-to-maturity financial assets are analysed as follows:
Held-to-maturity financial assets
Commercial Paper EIB 38,941,438 0
0
Bonds EIB 137,387,947 0
Bonds EFSF 24,765,222 0
Total held-to-maturity financial assets 201,094,607 2011
Based on their maturity date, these assets are classified as follows:
Held-to-maturity financial assets 2012
Current held-to-maturity financial assets 151,470,177 0
Non-current held-to-maturity financial assets 49,624,430 0
Total held-to-maturity financial assets 201,094,607 0
Held-to-maturity financial assets are measured at amortized cost. As of balance sheet date the fair value of the held-to-
maturity financial assets amounted to €201,258,352.
5.11 Other non-current assets 2012 2011
Other non-current assets are analysed as follows:
Analysis of other non-current assets
Investment in associates 3,245,439 3,245,439
Long term guarantees 177,545 170,248
Total other non-current assets 3,422,984 3,415,687
Long term guarantees relate to guarantees given to lessors for operating lease contracts, and were measured at their
present value, by discounting future cash flow transactions with the weighted average borrowing rate of the Company.
5.12 Inventories 2012 2011
Inventory items are analysed as follows:
Analysis of inventories per category
Merchandise 626,806 567,005
Consumables 922,361 876,470
Spare parts 5,041,111 4,684,898
Inventory impairment (667,734) (691,090)
Total inventories 5,922,544 5,437,283
During 2012, an impairment release of €23,356 was recognized in the income statement in order to decrease the accumulated
provision for certain obsolete and slow moving items to €667,734 which is their estimated net realizable value.
5.13 Construction works in progress
Analysis of construction works in progress 2012 2011
Construction works in progress 1,416,135 8,366,263
Total construction works in progress 1,416,135 8,366,263
Construction works in progress mainly refer to additions and improvements on the existing infrastructure assets such as
technical works, building and facilities, roads etc. These assets will be returned to the Grantor at the end of the Concession
Period, together with all other infrastructure assets as described in note 1. Upon the completion of the construction, such
Financial Statements as at 31 December 2012 (Amounts in Euros unless otherwise stated) Page 40 of 54
Held-to-maturity financial assets are analysed as follows:
Held-to-maturity financial assets
Commercial Paper EIB 38,941,438 0
0
Bonds EIB 137,387,947 0
Bonds EFSF 24,765,222 0
Total held-to-maturity financial assets 201,094,607 2011
Based on their maturity date, these assets are classified as follows:
Held-to-maturity financial assets 2012
Current held-to-maturity financial assets 151,470,177 0
Non-current held-to-maturity financial assets 49,624,430 0
Total held-to-maturity financial assets 201,094,607 0
Held-to-maturity financial assets are measured at amortized cost. As of balance sheet date the fair value of the held-to-
maturity financial assets amounted to €201,258,352.
5.11 Other non-current assets 2012 2011
Other non-current assets are analysed as follows:
Analysis of other non-current assets
Investment in associates 3,245,439 3,245,439
Long term guarantees 177,545 170,248
Total other non-current assets 3,422,984 3,415,687
Long term guarantees relate to guarantees given to lessors for operating lease contracts, and were measured at their
present value, by discounting future cash flow transactions with the weighted average borrowing rate of the Company.
5.12 Inventories 2012 2011
Inventory items are analysed as follows:
Analysis of inventories per category
Merchandise 626,806 567,005
Consumables 922,361 876,470
Spare parts 5,041,111 4,684,898
Inventory impairment (667,734) (691,090)
Total inventories 5,922,544 5,437,283
During 2012, an impairment release of €23,356 was recognized in the income statement in order to decrease the accumulated
provision for certain obsolete and slow moving items to €667,734 which is their estimated net realizable value.
5.13 Construction works in progress
Analysis of construction works in progress 2012 2011
Construction works in progress 1,416,135 8,366,263
Total construction works in progress 1,416,135 8,366,263
Construction works in progress mainly refer to additions and improvements on the existing infrastructure assets such as
technical works, building and facilities, roads etc. These assets will be returned to the Grantor at the end of the Concession
Period, together with all other infrastructure assets as described in note 1. Upon the completion of the construction, such
Financial Statements as at 31 December 2012 (Amounts in Euros unless otherwise stated) Page 40 of 54
