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Financial Statements
5.9 Intangible assets
Intangible assets
Acquisition cost Concession Concession Software & Total
assets fund other
Balance as at 2,043,388,008 (380,686,471) 11,651,071 1,674,352,608
1 January 2009
Acquisitions 493,262 0 153,939 647,201
Disposals 0 0 0 0
Transfers 0
Reclassifications 14,524,992 0 769,282 15,294,274
0 0 0
Balance as at (380,686,471)
31 December 2009 2,058,406,262 12,574,292 1,690,294,083
(380,686,471)
Balance as at 2,058,406,262 12,574,292 1,690,294,083
1 January 2010 0
428,925 0 224,008 652,933
Acquisitions (256,189) 0 0 (256,189)
Disposals 4,747,731 0 5,607,332
Transfers 859,601
Reclassifications 0 (380,686,471) 0 0
Balance as at 2,063,326,729 13,657,901 1,696,298,159
31 December 2010
Depreciation of intangible assets
Depreciation Concession Concession Software & Total
assets fund other
Balance as at
1 January 2009 618,969,362 (116,842,737) 10,232,282 512,358,907
Depreciation charge for the year 82,179,380
(15,076,764) 947,680 68,050,296
Impairment losses 0 0 0 0
0 0 0
Disposals 0 0 0 0
0 0 0
Transfers 0
(131,919,501) 11,179,962 580,409,203
Reclassifications 0
(131,919,501) 11,179,962 580,409,203
Balance as at 701,148,742
31 December 2009 (15,076,768) 947,027 68,273,101
0 0 0
Balance as at 701,148,742 0 0
1 January 2010 0 0 (113,562)
0 0 0
Depreciation charge for the year 82,402,842 0
Impairment losses 0 (146,996,269) 12,126,989
Disposals 648,568,742
Transfers (113,562)
Reclassifications 0
0
Balance as at 783,438,022
31 December 2010
Carrying amounts of intangible assets
Carrying Amount Concession Concession Software & Total
assets fund other
As at 1 January 2009 1,424,418,646 (263,843,734) 1,418,789 1,161,993,701
(248,766,970) 1,394,330 1,109,884,884
As at 31 December 2009 1,357,257,524
(248,766,970) 1,394,330 1,109,884,884
As at 1 January 2010 1,357,257,524 (233,690,202) 1,530,912 1,047,729,417
As at 31 December 2010 1,279,888,707
The concession assets represent the right granted to the Company by the Greek State for the use and Page 37 of 51
operation of the Athens International Airport under the ADA.
Financial Statements as at 31 December 2010 (Amounts in Euros unless otherwise stated)
5.9 Intangible assets
Intangible assets
Acquisition cost Concession Concession Software & Total
assets fund other
Balance as at 2,043,388,008 (380,686,471) 11,651,071 1,674,352,608
1 January 2009
Acquisitions 493,262 0 153,939 647,201
Disposals 0 0 0 0
Transfers 0
Reclassifications 14,524,992 0 769,282 15,294,274
0 0 0
Balance as at (380,686,471)
31 December 2009 2,058,406,262 12,574,292 1,690,294,083
(380,686,471)
Balance as at 2,058,406,262 12,574,292 1,690,294,083
1 January 2010 0
428,925 0 224,008 652,933
Acquisitions (256,189) 0 0 (256,189)
Disposals 4,747,731 0 5,607,332
Transfers 859,601
Reclassifications 0 (380,686,471) 0 0
Balance as at 2,063,326,729 13,657,901 1,696,298,159
31 December 2010
Depreciation of intangible assets
Depreciation Concession Concession Software & Total
assets fund other
Balance as at
1 January 2009 618,969,362 (116,842,737) 10,232,282 512,358,907
Depreciation charge for the year 82,179,380
(15,076,764) 947,680 68,050,296
Impairment losses 0 0 0 0
0 0 0
Disposals 0 0 0 0
0 0 0
Transfers 0
(131,919,501) 11,179,962 580,409,203
Reclassifications 0
(131,919,501) 11,179,962 580,409,203
Balance as at 701,148,742
31 December 2009 (15,076,768) 947,027 68,273,101
0 0 0
Balance as at 701,148,742 0 0
1 January 2010 0 0 (113,562)
0 0 0
Depreciation charge for the year 82,402,842 0
Impairment losses 0 (146,996,269) 12,126,989
Disposals 648,568,742
Transfers (113,562)
Reclassifications 0
0
Balance as at 783,438,022
31 December 2010
Carrying amounts of intangible assets
Carrying Amount Concession Concession Software & Total
assets fund other
As at 1 January 2009 1,424,418,646 (263,843,734) 1,418,789 1,161,993,701
(248,766,970) 1,394,330 1,109,884,884
As at 31 December 2009 1,357,257,524
(248,766,970) 1,394,330 1,109,884,884
As at 1 January 2010 1,357,257,524 (233,690,202) 1,530,912 1,047,729,417
As at 31 December 2010 1,279,888,707
The concession assets represent the right granted to the Company by the Greek State for the use and Page 37 of 51
operation of the Athens International Airport under the ADA.
Financial Statements as at 31 December 2010 (Amounts in Euros unless otherwise stated)
