7 Intangible assets
|
|
|
|
|
|
|
|
|
(CHF million) |
|
Investments in airport operator projects |
|
Intangible asset from right of formal expropriation |
|
Other intangible assets |
|
Cost |
|
|
|
|
|
|
|
Balance as at 1 January 2022 |
|
288.2 |
|
134.0 |
|
83.0 |
|
Additions |
|
8.9 |
|
0.0 |
|
1.5 |
|
Disposals |
|
0.0 |
|
–4.6 |
|
–0.2 |
|
Foreign exchange differences |
|
24.2 |
|
0.0 |
|
0.0 |
|
Balance as at 30 June 2022 |
|
321.3 |
|
129.4 |
|
84.3 |
|
|
|
|
|
|
|
|
|
Depreciation, amortisation |
|
|
|
|
|
|
|
Balance as at 1 January 2022 |
|
–19.5 |
|
–67.7 |
|
–65.1 |
|
Additions |
|
–4.8 |
|
–1.1 |
|
–4.8 |
|
Disposals |
|
0.0 |
|
0.0 |
|
0.2 |
|
Foreign exchange differences |
|
–1.6 |
|
0.0 |
|
0.0 |
|
Balance as at 30 June 2022 |
|
–25.9 |
|
–68.8 |
|
–69.7 |
|
|
|
|
|
|
|
|
|
Net carrying amount as at 1 January 2022 |
|
268.6 |
|
66.3 |
|
17.9 |
|
Net carrying amount as at 30 June 2022 |
|
295.3 |
|
60.6 |
|
14.6 |
Investments in airport operator projects
The investments in airport operator projects in the amount of CHF 295.3 million (31 December 2021: CHF 268.6 million) consist of concession rights which, due to the application of IFRIC 12, comprise minimum concession payments recognised as assets and investments made. They relate mainly to the expansion and operation of the Chilean airports in Antofagasta and Iquique (CHF 59.9 million; 31 December 2021: CHF 56.4 million), the expansion and operation of the Brazilian airport in Florianópolis (CHF 133.9 million; 31 December 2021: CHF 122.0 million) and the expansion and operation of the Brazilian airports in Vitória and Macaé (CHF 101.5 million; 31 December 2021: CHF 90.2 million).
The obligations of CHF 29.2 million (31 December 2021: CHF 24.7 million) relating to the relevant concessions have been recognised as current and non-current liabilities (see note 9, Financial liabilities).
