Download the 2009 annual report in PDF format - ANF

160
ANNUAL FINANCIAL STATEMENTS
Notes to the fi nancial statements
Additional information
Note 1 Non-current assets
Intangible assets and property, plant and equipment
(€ thousands)
Gross amounts
Intangible assets include software, brands and patents owned by
the Company plus costs incurred as part of the taking on of real
estate fi nance leases when acquiring the B&B hotels in 2007.
Property, plant and equipment includes land and buildings at their
reappraised value following the transition to the SIIC regime, fi xtures
and fi ttings, and furniture, offi ce and computer equipment.
The acquisitions during the period were primarily comprised
of €21,502,000 for full title to the new B&B hotel properties and
€7,174,000 for the acquisition of properties in the centre of Lyons
plus the related acquisition costs.
ANF • 2009 ANNUAL REPORT
Amount as of
12/31/2008 Increase Decrease
Commissioning
and other
movements
Amount as of
12/31/2009
Concessions, patents and similar rights 31,985 - - (8,139) 23,846
Land 376,174 - (13,333) 16,421 379,261
Buildings, fi xtures & fi ttings 663,694 - (25,855) 100,928 738,767
Other 1,023 - (9) 81 1,094
Property, plant and equipment in progress 102,470 112,727 (11,146) (109,102) 94,949
TOTAL 1,175,345 112,727 (50,344) 189 1,237,917
(€ thousands)
Depreciation & amortisation
Amount as of
12/31/2008 Increase Decrease
Other
movements
Amount as of
12/31/2009
Concessions, patents and similar rights 422 118 - - 540
Land - - - - -
Buildings, fi xtures & fi ttings 83,558 29,715 (2,782) - 110,491
Other 695 90 (9) - 775
Property, plant and equipment in progress - - - - -
TOTAL 84,675 29,923 (2,791) - 111,806
�
Contents
Three real-estate fi nance leases on B&B hotels expired during
the year, with ANF exercising its purchase option and accordingly
acquiring these three properties outright.
Assets in progress include uncompleted developments and
refurbishments at December 31, 2009. These are measured using
the percentage of completion method.
OTHER GENERAL INFORMATION PRO FORMA FINANCIAL INFORMATION ANNUAL FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS INFORMATION ABOUT ANF DESCRIPTION OF THE BUSINESS