Ibersol • Annual Report and Consolidated Accounts 2014 - page 185

Annual Report and Consolidated Accounts 2014 185
Land and
buildings Equipment
Other
tangible
fixed Assets
Tangible
Assets in
progress (1) Total
31 December 2014
Initial net amount 100.174.778 15.955.512 2.743.209 2.246.141 121.119.640
Changes in consolidat. perimeter - - - - -
Currency conversion 420.771 103.958 18.384 148.796 691.909
Additions 8.000.737 3.456.236 1.702.727 9.231.887 22.391.587
Decreases 277.608 160.181 3.745 17 441.551
Transfers 2.056.779 - 574 -2.061.943 -4.590
Depreciation in the year 3.425.120 3.991.117 814.494 - 8.230.731
Deprec. by changes in the perim. - - - - -
Impairment in the year 3.416.264 - - - 3.416.264
Impairment reversion - - - - -
Final net amount 103.534.073 15.364.408 3.646.655 9.564.864 132.110.000
31 December 2014
Cost 145.874.413 70.718.503 17.057.427 9.564.864 243.215.209
Accumulated depreciation 34.496.057 54.791.463 13.348.258 - 102.635.777
Accumulated impairment 7.844.284 562.633 62.515 - 8.469.432
Net amount 103.534.073 15.364.408 3.646.655 9.564.864 132.110.000
(1) Changes in period are due to KFC restaurants in Angola.
Investments for the year 2014 and 2013 on fixed assets in the amount of about 13 million and 10 million, res-
pectively, are related to the opening of new units and renovation of the existing ones, in Portugal and in Spain.
We also carried out a sensitivity analysis of the impairment tests for fixed assets of “Sol” restaurants, with the
premises used, those evaluation values were on the edge of generating impairment losses.