Non-current assets increased by €153.5 million. They may be analysed as follows:
| (€’000) | 30 June 2016 | 31 December 2015 | Variation |
|---|---|---|---|
| Property, plant and equipment | 709,866 | 594,365 | 115,501 |
| Intangible assets | 185,380 | 193,821 | (8,441) |
| Equity investments | 177,739 | 131,254 | 46,485 |
| Total non-current assets | 1,072,985 | 919,440 | 153,545 |
Property, plant and equipment increased by €115.5 million, mostly as a result of:
- the change in the consolidation scope of €115.1 million due to the acquisition of Lane and Lane Group’s acquisitions of assets for €11.2 million from Asphalt Roads and materials Company Inc.;
- investments mostly made to the high speed/capacity Milan - Genoa railway section in Italy and the Riyadh Metro Line 3 in Saudi Arabia, the Ruta del Sol contract in Colombia, the Nenskra hydroelectric project in Georgia and Lane Group’s investments (€137.3 million);
- depreciation for the period (€108.0 million).
Intangible assets show a net decrease of €8.4 million mainly due to:
- inclusion of Lane in the consolidation scope (€5.1 million);
- amortisation of the period (€15,5 million).
The increase in the equity investments is principally due to the investments in joint ventures acquired with Lane.