Annual Report and Consolidated Accounts 2015
Land
Buildings
Equipment
Other
tangible fixed
Assets
Tangible
Assets in
progress)
(1)
Total
30 December 2015
Initial net amount
7.444.433 96.089.640 15.364.408 3.646.655 9.564.864 132.110.000
Changes in consolidat perimeter
-
-
-
-
-
-
Currency conversion
-455.293
-993.314
-319.677
-73.998 -779.806 -2.622.088
Additions
833.571
14.095.614 6.587.413 2.520.021
131.654 24.168.273
Decreases
0 275.933
169.302
13.776
0 459.012
Transfers
4.140.938 2.453.987
1.375.694
635.587 -8.504.897
101.310
Depreciation in the year
-
3.845.385
4.181.118
857.312
-
8.883.815
Deprec. by changes in the perim.
-
-
-
-
-
-
Impairment in the year
-
2.929.579
-
-
-
2.929.579
Impairment reversion
-
-148.054
-
-
-
-148.054
Final net amount
11.963.649 104.743.084 18.657.418 5.857.177
411.815 141.633.143
30 December 2015
Cost
11.963.649 150.435.664 76.028.676 19.707.381
411.815 258.547.187
Accumulated depreciation
-
36.522.989 56.954.512 13.802.872
- 107.280.372
Accumulated impairment
-
9.169.591
416.747
47.333
-
9.633.671
Net amount
11.963.649 104.743.084 18.657.418 5.857.177
411.815 141.633.143
(1) Changes in 2014 are due to KFC restaurants in Angola. In 2015 refer to KFC restaurants in Angola and Burger King in Portugal, whose opening took place this year.
Investments for the year 2014 on fixed assets
in the amount of about 13 million are related to
the opening of new units and renovation of the
existing ones, in Portugal and in Spain. In 2015,
with the amount of about 24 million euros, refer
mainly to KFC restaurants openings in Angola,
and Burger King and Pizza Hut in Portugal.
In 2015 and 2014, for SOL units, a number of res-
taurants located in different highways and ex-
scuts (highways that used to have no cost to its
users), impairment tests were carried out, since
there was evidence. Additionally impairment
tests were carried out in 2015 for the remaining
restaurants of Ibersol with evidences of impair-
ment.
In 2014, the tests performed resulted in the
need to register an impairment in the amount
of 3.476.131 euros regarding SOL units, 2.174.931
euros of which refers to tangible assets, and
1.301.200 euros of intangible assets, as follows:
241