Page 90 - Annual_Report_2016
P. 90
Financial Statements aia.gr
5.9 Intangible assets
Intangible assets
Acquisition cost Concession Cohesion Software Total
assets fund & other
Balance as at 1 January 2015 2,072,742,545 (380,686,471) 16,428,863 1,708,484,936
Acquisitions 14,768,487 0 106,988 14,875,475
Disposals 0 0 0 0
Transfers 4,146,436 0 1,168,447 5,314,883
Reclassifications 0 0 0 0
Balance as at 31 December 2015
2,091,657,468 (380,686,471) 17,704,298 1,728,675,294
Balance as at 1 January 2016 2,091,657,468 (380,686,471) 17,704,298 1,728,675,294
Acquisitions 170,017 0 86,776 256,793
Disposals 0 0 0 0
Transfers 0
Reclassifications 2,921,326 0 740,378 3,661,704
Balance as at 31 December 2016 0 0 0
(380,686,471)
2,094,748,811 18,531,452 1,732,593,791
Depreciation of intangible assets Concession Cohesion Software Total
assets fund & other
Depreciation
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) 670,091 71,413,595
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassifications 0 0 0 0
Balance as at 31 December 2015
1,200,923,094 (222,380,259) 15,588,467 994,131,302
Balance as at 1 January 2016 1,200,923,094 (222,380,259) 15,588,467 994,131,302
Depreciation charge for the year 85,082,235 (15,076,777) 760,030 70,765,488
Impairment losses 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassifications 0 0 0 0
Balance as at 31 December 2016 0
1,286,005,329 (237,457,036) 16,348,497 1,064,896,790
Carrying amounts of intangible assets
Carrying amount Concession Cohesion Software Total
assets fund & other
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
As at 1 January 2016 890,734,374 (158,306,212) 2,115,831 734,543,993
As at 31 December 2016 808,743,482 (143,229,435) 2,182,955 667,697,001
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 2016 (Amounts in Euros unless otherwise stated)
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5.9 Intangible assets
Intangible assets
Acquisition cost Concession Cohesion Software Total
assets fund & other
Balance as at 1 January 2015 2,072,742,545 (380,686,471) 16,428,863 1,708,484,936
Acquisitions 14,768,487 0 106,988 14,875,475
Disposals 0 0 0 0
Transfers 4,146,436 0 1,168,447 5,314,883
Reclassifications 0 0 0 0
Balance as at 31 December 2015
2,091,657,468 (380,686,471) 17,704,298 1,728,675,294
Balance as at 1 January 2016 2,091,657,468 (380,686,471) 17,704,298 1,728,675,294
Acquisitions 170,017 0 86,776 256,793
Disposals 0 0 0 0
Transfers 0
Reclassifications 2,921,326 0 740,378 3,661,704
Balance as at 31 December 2016 0 0 0
(380,686,471)
2,094,748,811 18,531,452 1,732,593,791
Depreciation of intangible assets Concession Cohesion Software Total
assets fund & other
Depreciation
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) 670,091 71,413,595
Impairment losses 0 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassifications 0 0 0 0
Balance as at 31 December 2015
1,200,923,094 (222,380,259) 15,588,467 994,131,302
Balance as at 1 January 2016 1,200,923,094 (222,380,259) 15,588,467 994,131,302
Depreciation charge for the year 85,082,235 (15,076,777) 760,030 70,765,488
Impairment losses 0 0 0
Disposals 0 0 0 0
Transfers 0 0 0 0
Reclassifications 0 0 0 0
Balance as at 31 December 2016 0
1,286,005,329 (237,457,036) 16,348,497 1,064,896,790
Carrying amounts of intangible assets
Carrying amount Concession Cohesion Software Total
assets fund & other
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
As at 1 January 2016 890,734,374 (158,306,212) 2,115,831 734,543,993
As at 31 December 2016 808,743,482 (143,229,435) 2,182,955 667,697,001
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 2016 (Amounts in Euros unless otherwise stated)
43 of 57
