FFP_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS

Consolidated financial statements

NOTE 15

PROPERTY, PLANT AND EQUIPMENT

15.1 CHANGES IN 2017, DEPRECIATION AND IMPACT OF FAIR VALUE MEASUREMENT

Investment properties

Land

Buildings

Vineyards

Others

Total

(in thousands euros)

Gross At beginning of period Purchases/additions

13,347

1,577

17,500

2,698

3,865 1,195

38,987

1,640

- - -

- - -

244

201

Disposals

-

- -

(6)

(6)

Fair value remeasurement

(144)

-

(144)

At end of period

13,347

1,577

17,600

2,899

5,054

40,477

Depreciation At beginning of period Purchases/additions

- - - -

1,080

- - - -

1,508

2,665

5,253

40

61

244

345

(4)

(4)

Disposals

-

-

At end of period

1,120

1,569 1,190 1,330

2,905 1,200 2,149

5,594

Net amount at beginning of period NET AMOUNT AT END OF PERIOD

13,347 13,347

497 457

17,500 17,600

33,734 34,883

The investment property was externally appraised in December 2017.

5 .1

15.2 CHANGES IN 2016, DEPRECIATION AND IMPACT OF FAIR VALUE MEASUREMENT

Investment properties

Land

Buildings

Vineyards

Others

Total

(in thousands euros)

Gross At beginning of period Purchases/additions

13,341

1,505

15,613

2,575

3,743

36,777

6

72

37

123

104

342

18

18

Disposals

- -

- -

-

- -

Fair value remeasurement

1,850

-

1,850

At end of period

13,347

1,577

17,500

2,698

3,865

38,987

Depreciation At beginning of period Purchases/additions

- - - -

1,042

- - - -

1,448

2,425

4,915

38

60

240

338

Disposals

-

-

-

-

1,080

1,508 1,127 1,190

2,665 1,318 1,200

5,253

At end of period

Net amount at beginning of period NET AMOUNT AT END OF PERIOD

13,341 13,347

463 497

15,613 17,500

31,862 33,734

The investment property was externally appraised in December 2016.

133

FFP

2017 REGISTRATION DOCUMENT