Page 84 - Annual Report 2015 EN
P. 84
Financial Statements
5.8 Intangible assets
Intangible assets Concession assets Cohesion fund Software & other Total
Acquisition cost
1,705,037,505
Balance as at 1 January 2014 2,070,122,297 (380,686,471) 15,601,679 251,444
Acquisitions 168,613 0 82,831 (95,211)
Disposals (95,211) 0 0 3,291,199
Transfers 0 0
Reclassi cations 2,546,846 0 744,353
Balance as at 31 December 2014 0 0 1,708,484,937
(380,686,471)
2,072,742,545 16,428,863
Balance as at 1 January 2015 2,072,742,545 (380,686,471) 16,428,863 1,708,484,937
Acquisitions 14,768,487 0 106,991 14,875,478
Disposals 0 0 0 0
Transfers 4,146,436 0 5,314,883
Reclassi cations 0 0 1,168,447 0
Balance as at 31 December 2015 0
2,091,657,468 (380,686,471) 1,728,675,297
17,704,300
Depreciation of intangible assets Concession assets Cohesion fund Software & other Total
Depreciation
Balance as at 1 January 2014 1,031,981,675 (192,226,705) 14,319,446 854,074,416
Depreciation charge for the year 83,173,917 (15,076,777) 598,930 68,696,070
Impairment losses 0 0 0 0
Disposals (52,779) 0 0 (52,779)
Transfers 0 0 0 0
Reclassi cations 0 0 0 0
Balance as at 31 December 2014 922,717,707
1,115,102,813 (207,303,482) 14,918,376
Balance as at 1 January 2015 1,115,102,813 (207,303,482) 14,918,376 922,717,707
Depreciation charge for the year 85,820,281 (15,076,777) 670,093 71,413,597
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassi cations 0 0 0 0
Balance as at 31 December 2015
1,200,923,094 (222,380,259) 15,588,469 994,131,304
Carrying amounts of intangible assets
Carrying amount Concession assets Cohesion fund Software & other Total
As at 1 January 2014 1,038,140,622 (188,459,766) 1,282,233 850,963,089
As at 31 December 2014 957,639,732 (173,382,989) 1,510,487 785,767,230
As at 1 January 2015 957,639,732 (173,382,989) 1,510,487 785,767,230
As at 31 December 2015 890,734,374 (158,306,212) 2,115,831 734,543,993
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 2015 (Amounts in Euros unless otherwise stated)
41 of 56
5.8 Intangible assets
Intangible assets Concession assets Cohesion fund Software & other Total
Acquisition cost
1,705,037,505
Balance as at 1 January 2014 2,070,122,297 (380,686,471) 15,601,679 251,444
Acquisitions 168,613 0 82,831 (95,211)
Disposals (95,211) 0 0 3,291,199
Transfers 0 0
Reclassi cations 2,546,846 0 744,353
Balance as at 31 December 2014 0 0 1,708,484,937
(380,686,471)
2,072,742,545 16,428,863
Balance as at 1 January 2015 2,072,742,545 (380,686,471) 16,428,863 1,708,484,937
Acquisitions 14,768,487 0 106,991 14,875,478
Disposals 0 0 0 0
Transfers 4,146,436 0 5,314,883
Reclassi cations 0 0 1,168,447 0
Balance as at 31 December 2015 0
2,091,657,468 (380,686,471) 1,728,675,297
17,704,300
Depreciation of intangible assets Concession assets Cohesion fund Software & other Total
Depreciation
Balance as at 1 January 2014 1,031,981,675 (192,226,705) 14,319,446 854,074,416
Depreciation charge for the year 83,173,917 (15,076,777) 598,930 68,696,070
Impairment losses 0 0 0 0
Disposals (52,779) 0 0 (52,779)
Transfers 0 0 0 0
Reclassi cations 0 0 0 0
Balance as at 31 December 2014 922,717,707
1,115,102,813 (207,303,482) 14,918,376
Balance as at 1 January 2015 1,115,102,813 (207,303,482) 14,918,376 922,717,707
Depreciation charge for the year 85,820,281 (15,076,777) 670,093 71,413,597
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassi cations 0 0 0 0
Balance as at 31 December 2015
1,200,923,094 (222,380,259) 15,588,469 994,131,304
Carrying amounts of intangible assets
Carrying amount Concession assets Cohesion fund Software & other Total
As at 1 January 2014 1,038,140,622 (188,459,766) 1,282,233 850,963,089
As at 31 December 2014 957,639,732 (173,382,989) 1,510,487 785,767,230
As at 1 January 2015 957,639,732 (173,382,989) 1,510,487 785,767,230
As at 31 December 2015 890,734,374 (158,306,212) 2,115,831 734,543,993
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 2015 (Amounts in Euros unless otherwise stated)
41 of 56
