NEOPOST - 2018 Registration document
6
Financial statements
Consolidated financial statements
4-2-2:
Changes in intangible assets
IT implementation costs
Concessions, rights
Development expenses
Software
Other
Total
Gross value at 31 January 2017
35.3
136.4
215.4
57.6
73.8
518.5
Acquisitions/capitalization
0.0
3.8
27.9
1.4
1.8
34.9
Scope variation
-
(0.8)
(7.6)
(0.1)
(6.0)
(14.5)
Disposals
(0.0)
(1.0)
(0.1)
(0.0)
(0.2)
(1.3)
Other changes
-
0.9
0.0
0.0
(0.6)
0.3
Translation difference
(0.5)
(8.6)
(6.0)
(0.3)
(6.0)
(21.4)
Gross value at 31 January 2018
34.8
130.7
229.6
58.6
62.8
516.5
Acquisitions/capitalization
0.1
2.6
29.2
-
1.7
33.6
Scope variation
0.0
(8.6)
(21.8)
(0.6)
(14.1)
(45.1)
Disposals
-
(0.8)
(1.6)
-
(0.1)
(2.5)
Other changes
-
0.9
-
(1.4)
(0.7)
(1.2)
Translation difference
0.0
3.2
2.0
0.1
1.4
6.7
Gross value at 31 January 2019
34.9
128.0
237.4
56.7
51.0
508.0
Cumulative amortization
(31.5)
(107.6)
(154.5)
(45.6)
(30.7)
(369.9)
NET BOOK VALUE AT 31 JANUARY 2019
3.4
20.4
82.9
11.1
20.3
138.1
The change in intangible fixed assets is due mainly to the capitalization of development costs and IT projects implementation.
IT implementation costs
Concessions, rights
Development expenses
Software
Other
Total
Amortization at 31 January 2017
30.5
94.8
117.8
15.5
36.7
295.3
Charges
0.6
11.5
24.9
3.2
5.6
45.8
Scope variation
-
(0.8)
(2.9)
(0.1)
(5.1)
(8.9)
Disposals
-
(0.3)
-
-
(0.2)
(0.5)
Other changes
-
-
-
5.7
-
5.7
Translation difference
(0.2)
(6.2)
(1.8)
(0.2)
(3.5)
(11.9)
Amortization at 31 January 2018
30.9
99.0
138.0
24.1
33.5
325.5
Charges
0.6
12.8
25.7
0.3
5.1
44.5
Scope variation
-
(6.5)
(9.9)
(0.5)
(9.9)
(26.8)
Disposals
-
(0.5)
-
(0.1)
(0.0)
(0.6)
Other changes
-
-
-
21.7
1,0
22.7
Translation difference
-
2.8
0.7
0.1
1.0
4.6
AMORTIZATION AT 31 JANUARY 2019
31.5
107.6
154.5
45.6
30.7
369.9
As of 31 January 2019, a depreciation of 21.7 million euros is recorded following the overhaul of the project of common IT tools roll-out in Europe. This depreciation is part of the line "Other changes". As at 31 January 2018, a depreciation of
5.7million euros was recorded due to the abandonment of a project of implemention of a web platform for small and
medium enterprises.
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REGISTRATION DOCUMENT 2018 / NEOPOST
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