Annual Report and Consolidated Accounts 2015
Goodwill
Industrial
property
(2)
Other
intangible
Assets
Intangible
Assets in
progress
(1)
Total
31 December 2015
Initial net amount
40.594.588 10.397.012
608.722 2.487.970 54.088.293
Changes in consolidat. Perimeter
-
-
-
-
-
Currency conversion
-
-77.506
-
-37.454
-114.960
Additions
-
2.242.182
109.736
442.757
2.794.675
Decreases
-
7.075
71.086
-
78.161
Transfers
-85.579
66.401
-
-2.134.239 -2.153.417
Amortization in the year
-
1.141.796 302.608
-
1.444.404
Amortiz. by changes in the perimeter
-
-
-
-
-
Impairment in the year
-
1.151.148
-
-
1.151.148
Impairment reversion
-
-
-
-
-
Final net amount
40.509.009 10.328.070 344.764
759.034 51.940.878
31 December 2015
Cost
42.370.687 23.375.701
5.918.825
759.034 72.424.247
Accumulated amortization
-
9.386.529 5.534.246
-
14.920.775
Accumulated impairment
1.861.678 3.661.102
39.815
-
5.562.594
Net amount
40.509.009 10.328.070 344.764
759.034 51.940.878
(1) in 2014, intangible assets in progress balance refers mainly to the 3 new concessions yet to be open, in service areas of the following motorways: Guimarães, Fafe
and Paredes. In 2015, this amount was classified to other current debtors (Note 15).
(2) 2015 additions refers mainly to the extension of the term of the franchisee agreement concluded with Burger King.
Industrial property includes concessions and territorial rights of the group.
On 31 December 2015, the group’s concessions, territorial rights and related lifetime are shown be-
low:
Territorial Rights
N.° of years
Termination Date
Pans & Company
10
2016
(1)
Burger King
20
2035
(2)
(1) contract renewed on March 01, 2016, expiring on December 31, 2021;
(2) in December 2015 was anticipated the renewal of this contract now ends for 2035.
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