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E
Financial
E.4
Consolidated financial statements
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178
Based on the 2016 goodwill impairment test, which was carried
out at year-end, no impairment losses were recognized as at
December 31, 2016.
An analysis of the calculation’s sensitivity to a combined change
scenario where the CGU’s recoverable amount would fall below
its carrying amount.
in the key parameters (operating margin, discount rate and
perpetuity growth rate) based on reasonably probable
assumptions of variations of +/-50 bp for each of these
parameters was performed and did not identify any probable
Intangible assets
Note
12
(In € million)
Customer
relationships
Trademarks, Software
and licences
Other intangible
assets
Total
Gross value
At January 1, 2016
512.2
625.8
476.4
1,614.4
Additions
-
54.8
16.9
71.7
Impact of business combinations
-
21.6
65.2
86.8
Intangible assets recognized as part of a Purchase Price
Allocation
272.3
1.8
-
274.1
Capitalized costs
-
-
82.7
82.7
Disposals
-
-101.3
-12.3
-113.6
Exchange differences and other
12.5
51.8
-40.2
24.1
AT DECEMBER 31, 2016
797.0
654.5
588.7
2,040.1
Accumulated depreciation
At January 1, 2016
-209.5
-319.6
-165.0
-694.1
Amortization charge for the year
-
-47.7
-18.2
-65.9
Amortization of intangible assets recognized as part of a
Purchase Price Allocation
-78.9
-17.0
-
-95.9
Amortization of capitalized costs
-
-
-53.2
-53.2
Disposals
-
99.5
12.1
111.6
Exchange differences and others
-2.3
-25.3
28.4
0.8
AT DECEMBER 31, 2016
-290.7
-310.1
-195.9
-796.8
Net value
At January 1, 2016
302.7
306.2
311.3
920.3
AT DECEMBER 31, 2016
506.3
344.3
392.7
1,243.4
(In € million)
Customer
relationships
Trademark, Software
and licences
Other intangible
assets
Total
Gross value
At January 1, 2015
347.3
546.2
351.4
1,244.9
Additions
-
92.2
7.3
99.5
Impact of business combination
-
26.3
46.5
72.8
Intangible assets recognized as part of a Purchase Price
Allocation
154.2
-
2.5
156.7
Amortization capitalized costs
-
-
90.2
90.2
Disposals
-
-90.2
-4.4
-94.5
Exchange differences and other
10.7
51.4
-17.2
44.9
AT DECEMBER 31, 2015
512.2
625.8
476.4
1,614.4
Accumulated depreciation
At January 1, 2015
-149.8
-306.9
-141.5
-598.2
Amortization charge for the year
-
-44.8
-15.4
-60.1
Purchase Price Allocation
Amortization of intangible assets recognized as part of a
-57.0
-14.9
-
-71.9
Amortization of capitalized costs
-
-
-48.4
-48.4
Disposals
-
85.8
3.1
88.9
Exchange differences and others
-2.7
-38.8
37.1
-4.4
AT DECEMBER 31, 2015
-209.5
-319.6
-165.0
-694.1
Net value
At January 1, 2015
197.5
239.3
209.9
646.6
AT DECEMBER 31, 2015
302.7
306.2
311.3
920.3