(all amounts in Euro thousands)
| |
Group |
Company |
| |
2016 |
2015 |
2016 |
2015 |
| Government grants |
4,690 |
5,059 |
3,646 |
3,859 |
| Other non-current liabilities |
1,262 |
1,513 |
142 |
146 |
| |
5,952 |
6,572 |
3,788 |
4,005 |
Analysis of Government grants:
| |
Group |
Company |
| |
2016 |
2015 |
2016 |
2015 |
| Non - current |
4,690 |
5,059 |
3,646 |
3,859 |
| Current (note 28) |
78 |
- |
- |
- |
| |
4,768 |
5,059 |
3,646 |
3,859 |
| |
Group |
Company |
| |
2016 |
2015 |
2016 |
2015 |
| Opening balance |
5,059 |
5,357 |
3,859 |
4,312 |
| Additions |
- |
227 |
- |
- |
| Grand settlements |
- |
-231 |
- |
-231 |
| Amortization (note 29) |
-291 |
-294 |
-213 |
-222 |
| Ending balance |
4,768 |
5,059 |
3,646 |
3,859 |
Government grants are recognized at fair value when it is certain that the grant will be received and that the Group will comply with the terms and conditions of the grant.
Government grants relating to capital expenses are reflected as long-term liabilities and are amortized on a straight line basis, based on the estimated useful life of the asset for which the grant was received.
Government grants received in respect of expenses are reflected in the income statement when the related expense is incurred so that the expense is matched to the income received.