IBERSOL Annual Report and Consolidated Accounts 2017

Consolidated Financial Statements 8. TANGIBLE FIXED ASSETS In the years ending on 31 December 2017 and 2016, the following movements took place in the value of tangible fixed assets, depreciation and accumulated impairment losses: Land Buildings Equipment Other tangible fixed Assets Tangible Assets in progress (1) Total 1 January 2016 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 5.857.177 411.815 141.633.142 31 December 2016 Initial net amount 11.963.649 104.743.084 18.657.418 5.857.177 411.815 141.633.142 Changes in consolidat perimeter - 58.935.777 36.414.231 956.299 232.788 96.539.095 Currency conversion -756.850 -1.723.366 -756.531 -224.851 -19.440 -3.481.038 Additions 135.242 16.405.428 8.187.617 2.615.018 1.215.586 28.558.891 Decreases - 863.164 236.294 47.292 105.686 1.252.436 Transfers - 100.636 5.806 11.681 -234.617 -116.494 Depreciation in the year 74.637 8.041.000 5.062.093 1.082.763 - 14.260.493 Deprec. by changes in the perimeter - 37.222.290 27.798.580 1.042.245 - 66.063.115 Impairment in the year - 751.562 41.432 24.750 - 817.744 Impairment by changes in the perimeter - 2.080.269 687.570 4.407 2.772.246 Impairment reversion - -90.976 - - - -90.976 Final net amount 11.267.404 129.594.249 28.682.571 7.013.867 1.500.446 178.058.537 31 December 2016 Cost 11.342.041 220.212.458 117.019.630 22.193.978 1.500.446 372.268.553 Accumulated depreci- ation 74.637 80.298.255 87.254.431 15.115.597 - 182.742.920 Accumulated impairment - 10.319.953 1.082.628 64.515 - 11.467.096 Net amount 11.267.404 129.594.249 28.682.571 7.013.867 1.500.446 178.058.537 240