86
87
Annual Financial Statements
(Amounts in thousands
€
)
Metallurgy Constructions Energy
Continuing
Operations
(Total)
Total Segment
Gross Book Value
12,889
142,166
54,258
209,313
209,313
Accumulated depreciation and/or impairment
-
-
-
-
-
Net Book Value as at 1/1/2014
12,889
142,166
54,258
209,313
209,313
Gross Book Value
12,889
142,166
54,258
209,313
209,313
Accumulated depreciation and/or impairment
-
-
-
-
-
Net Book Value as at 31/12/2014
12,889
142,166
54,258
209,313
209,313
Gross Book Value
12,889
142,166
54,258
209,313
209,313
Accumulated depreciation and/or impairment
-
-
-
-
-
Net Book Value as at 31/12/2015
12,889
142,166
54,258
209,313
209,313
(Amounts in thousands
€
)
Metallurgy Constructions Energy
Continuing
Operations
(Total)
Total Segment
Net Book Value as at 1/1/2014
12,889
142,166
54,258
209,313
209,313
Additions
-
-
-
-
-
Sales - Reductions
-
-
-
-
-
Impairment
-
-
-
-
-
Exchange Rate Differences
-
-
-
-
-
Merge Through Acquisition Of Subsidiary
-
-
-
-
-
Net Book Value as at 31/12/2014
12,889
142,166
54,258
209,313
209,313
Additions
-
-
-
-
-
Sales - Reductions
-
-
-
-
-
Impairment
-
-
-
-
-
Exchange Rate Differences
-
-
-
-
-
Merge Through Acquisition Of Subsidiary
-
-
-
-
-
Net Book Value as at 31/12/2015
12,889
142,166
54,258
209,313
209,313
MYTILINEOS S.A.
(Amounts in thousands
€
)
Land & Buildings
Vehicles &
mechanical
equipment
Furniture and
other equipment
Total
Gross Book Value
13,307
324
1,904
15,535
Accumulated depreciation and/or impairment
(3,634)
(177)
(1,520)
(5,331)
Net Book Value as at
1/1/2014
9,673
147
384
10,204
Gross Book Value
13,309
479
2,040
15,828
Accumulated depreciation and/or impairment
(3,840)
(365)
(1,698)
(5,904)
Net Book Value as at
31/12/2014
9,469
113
342
9,924
Gross Book Value
13,354
479
2,128
15,960
Accumulated depreciation and/or impairment
(4,047)
(390)
(1,777)
(6,214)
Net Book Value as at
31/12/2015
9,307
88
351
9,746
(Amounts in thousands
€
)
Land & Buildings
Vehicles &
mechanical
equipment
Furniture and
other equipment
Total
Net Book Value as at
1/1/2014
9,673
147
384
10,204
Additions
2
-
47
49
Sales - Reductions
-
(15)
-
(15)
Depreciation
(206)
(27)
(90)
(323)
Merge Through Acquisition Of Subsidiary
-
7
2
9
Net Book Value as at
31/12/2014
9,469
113
342
9,924
Additions
45
-
89
134
Depreciation
(207)
(25)
(80)
(312)
Net Book Value as at
31/12/2015
9,307
88
351
9,746
Depreciation charged in profit and loss is analyzed in notes 4.17 and 4.18.
4.2 Goodwill
Goodwill is allocated to the group’s cash-generating groups identified according to business segment.
Entity
Goodwill per Cash Generating Units 31/12/2015
ΜΕΤΚΑ S.A.
141.529.000
KORINTHOS POWER S.A.
20.835.000
PROTERGIA S.A.
14.195.000
APE KARYSTIAS S.A.
13.559.000
ALUMINIUM OF GREECE S.A.
12.889.000
ANEMORACHI S.A.
2.884.000
ANEMODRASI S.A.
2.646.000
ELEMKA S.A.
635.000
DROSCO HOLDING LTD
2.000
Solien HELLENIC FOTOVOLTAIKH
138.000
Total
209.313.000
The Group performs impairment tests for goodwill on an annual basis. The recoverable amount of the recognized goodwill, was
assessed using their value in use. The “value in use” was determined based on management estimates. For the calculation of
the value in use the discounted cash flows method was used.
