CONSOLIDATED FINANCIAL STATEMENTS
At December 31st 2016 and 2015, the assets used under financial leasing are as follows
2016
2015
Gross
amount
Accumulated
depreciation
Gross
amount
Accumulated
depreciation
Land and Buildings
12,750,801
6,443,402
4,168
104
Equipments
3,655,812
2,033,638
638,400
44,459
Other tangible fixed assets
69,200
20,755
53,517
3,345
16,475,814
8,497,795
696,086
47,908
The change in the year is mainly due to the merger of Eat Out into the consolidation peri-
meter.
About 126 thousand euros were capitalized in the year 2016 related to bank loans expense
in Angola, the accumulated value at December 31, 2016 was of about 628 thousand euros.
The amortization exercise, depreciation and impairment losses of AFT and AI, are as follows:
Tangible fixed assets Intangible assets
TOTAL
Depreciation in the year
14,260,493
1,579,794
15,840,287
Impairment in the year
817,744
-
817,744
Others
-63,131
-
-63,131
16,594,900
9. INTANGIBLE ASSETS AND GOODWILL
Goodwill and intangible assets are broken down as follows:
Dec. 2016
Dec. 2015
Goodwill
111,156,658
40,509,009
Intangible assets
14,990,885
11,431,871
126,147,543
51,940,880
240
