Compagnie des Alpes - 2017 Registration Document

5 FINANCIAL INFORMATION

Parent-company financial statements

Note 3

Notes relating to the balance sheet

3.1

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS

The property, plant and equipment and intangible assets line items changed as follows:

At 30/09/2017

At 30/09/2016

Increases

Decreases

(in thousands of euros)

Intangible assets

12,775 -8,274 4,501

2,696 -1,983

-72

15,399

Depreciation of intangible assets

15

-10,242 -5,157

NET TOTAL

713

-57

At 30/09/2017

At 30/09/2016

Increases

Decreases

(in thousands of euros)

Property, plant and equipment Depreciation of intangible assets

2,851

237

- - -

3,088 -2,025 1,063

-1,626 1,225

-399 -162

NET TOTAL

Capital expenditure mainly relates to IT development carried out by Compagnie des Alpes (principally ticketing software for the leisure parks and the continued roll out of new financial software throughout the Group). Asset retirements involve the retirement of obsolete software.

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Compagnie des Alpes 2017 Registration Document