Adecoagro S.A. | CIK:0001499505 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Adecoagro S.A. (CIK: 0001499505)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1499505/000162828018005268/0001628280-18-005268-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1499505/000162828018005268/agro-20171231.xml
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    • ifrs-full:DisclosureOfIntangibleAssetsExplanatory

    Intangible assets
     
    Changes in the Group’s intangible assets in 2017 and 2016 were as follows:
     
    Goodwill
     
    Software
     
    Others
     
    Total
    At January 1, 2016
     

     
     

     
     

     
     

    Cost
    13,510

     
    4,044

     
    2,636

     
    20,190

    Accumulated amortization
    —

     
    (1,844
    )
     
    (1,685
    )
     
    (3,529
    )
    Net book amount
    13,510

     
    2,200

     
    951

     
    16,661

    Year ended December 31, 2016
     

     
     

     
     

     
     
    Opening net book amount
    13,510

     
    2,200

     
    951

     
    16,661

    Exchange differences
    (105
    )
     
    186

     
    (7
    )
     
    74

    Additions
    —

     
    1,176

     
    42

     
    1,218

    Amortization charge (i)
    —

     
    (661
    )
     
    (40
    )
     
    (701
    )
    Closing net book amount
    13,405

     
    2,901

     
    946

     
    17,252

    At December 31, 2016
     

     
     

     
     

     
     
    Cost
    13,405

     
    5,406

     
    2,671

     
    21,482

    Accumulated amortization
    —

     
    (2,505
    )
     
    (1,725
    )
     
    (4,230
    )
    Net book amount
    13,405

     
    2,901

     
    946

     
    17,252

    Year ended December 31, 2017
     

     
     

     
     

     
     
    Opening net book amount
    13,405

     
    2,901

     
    946

     
    17,252

    Exchange differences
    (993
    )
     
    (244
    )
     
    (10
    )
     
    (1,247
    )
    Additions
    —

     
    2,089

     
    34

     
    2,123

    Amortization charge (i)
    —

     
    (895
    )
     
    (41
    )
     
    (936
    )
    Closing net book amount
    12,412

     
    3,851

     
    929

     
    17,192

    At December 31, 2017
     

     
     

     
     

     
     
    Cost
    12,412

     
    7,251

     
    2,695

     
    22,358

    Accumulated amortization
    —

     
    (3,400
    )
     
    (1,766
    )
     
    (5,166
    )
    Net book amount
    12,412

     
    3,851

     
    929

     
    17,192

     
    (i)
    Amortization charges are included in “General and administrative expenses” and “Selling expenses” for the years ended December 31, 2017 and 2016, respectively. There were no impairment charges for any of the years presented (see Note 32 (a)).