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E
Financial
E.4
Consolidated financial statements
Atos
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Registration Document 2016
179
E
using the multi-period excess earning method (income approach).
relief from royalty method. Customer relationships are valued
The valuation approach retained for Trademark and Patents is the
as at December 31, 2016 presented above, includes:
The gross book value of customer relationships for € 797.0 million
Customer relationships for this acquisition are amortized on a
€ 165.4 million relative to the Xerox ITO acquisition in 2015.
•
straight line basis over a period of 8.75 years;
an amount of € 16.6 million relative to the Bull acquisition in
•
9.3 years;
2014. These amounts are being amortized over a period of
Solutions and Services acquisition in 2011, amortized on a
an amount of € 336.4 million relative to the Siemens IT
•
straight line basis over a period of 8.75 years.
The new Purchase Price Allocation (PPA) of € 273.5 million
recorded in 2016 is detailed as follows:
Anthelio for € 88.4 million starting October 1, 2016 amortized
•
over 5 to 12 years;
Unify for € 87.5 million starting February 1, 2016 amortized
•
over a period from 2 to 10 years;
Equens / Paysquare for € 88.8 million starting October 1, 2016
•
amortized on a straight line basis over 6.5 to 9.5 years; and
15.3 years.
Cataps for € 8.8 million starting October 1, 2016 amortized over
•
Tangible assets
Note
13
(In € million)
Land and buildings
IT equipments
Other assets
Total
Gross value
At January 1, 2016
540.9
1,205.6
189.8
1,936.3
Additions
29.4
205.7
49.4
284.5
Impact of business combination
1.9
40.5
2.6
44.9
Disposals
-71.9
-352.0
-24.0
-447.9
Exchange differences and other
-48.7
-23.9
-59.9
-132.5
AT DECEMBER 31, 2016
451.5
1,075.9
157.9
1,685.3
Accumulated depreciation
At January 1, 2016
-302.1
-713.8
-101.6
-1,117.5
Depreciation charge for the year
-47.8
-217.2
-14.1
-279.1
Eliminated on disposal
50.9
318.7
21.8
391.4
Exchange differences and other
37.8
19.9
3.1
60.8
AT DECEMBER 31, 2016
-261.1
-592.5
-90.8
-944.4
Net value
At January 1, 2016
238.8
491.8
88.2
818.8
AT DECEMBER 31, 2016
190.4
483.4
67.1
740.9
(In € million)
Land and buildings
IT equipments
Other assets
Total
Gross value
At January 1, 2015
483.5
1,107.8
167.2
1,758.5
Additions
68.6
213.9
42.5
325.0
Impact of business combination
44.8
104.7
8.1
157.6
Disposals
-79.9
-264.9
-25.9
-370.7
Exchange differences and other
23.9
44.1
-2.1
65.9
AT DECEMBER 31, 2015
540.9
1,205.6
189.8
1,936.3
Accumulated depreciation
At January 1, 2015
-281.4
-703.1
-80.3
-1,064.8
Depreciation charge for the year
-47.1
-237.0
-31.4
-315.5
Eliminated on disposal
41.2
248.6
27.0
316.8
Exchange differences and other
-14.8
-22.3
-16.9
-54.0
AT DECEMBER 31, 2015
-302.1
-713.8
-101.6
-1,117.5
Net value
At January 1, 2015
202.1
404.7
86.9
693.7
AT DECEMBER 31, 2015
238.8
491.8
88.2
818.8