TELEPERFORMANCE_Registration_document_2017
CONSOLIDATED FINANCIAL STATEMENTS
7.6 Notes to the consolidated financial statements
NOTE C.2 Other intangible assets
Amortization Amortization is charged to the statement of income on a straight-line basis over the estimated useful lives of intangible assets unless such lives are indefinite. Other intangible assets are amortized from the date on which they are available for use. The estimated useful lives are as follows:
These mainly include:
■ brand names, customer relationships and technologies measured and recognized as part of a business combination; ■ software acquired by the Group with a finite useful life, which is recognized at cost less accumulated depreciation and impairment losses (see accounting policy, notebA.3 Impairment ). Expenditure relating to internally generated brands is expensed when incurred. Subsequent expenditure Subsequent expenditure on intangible assets is capitalized only when it increases the future economic benefits of the specific asset. All other costs are expensed as incurred.
Software
3 to 6byears 3 to 10byears 9 to 15byears
Brand names
Customer relationships
Other intangible assets are analyzed as follows:
Brand names and customer relationships
Gross
Software
Other
Total
AT DECEMBERb31 ST , 2015 Change in consolidation scope
157
331 808
2
490 878
70
b
Transfer Increase Decrease
3
b b b
-1
2
14
b b b
14
-5
-5
Translation differences AT DECEMBERb31 ST , 2016 Change in consolidation scope
6
58
64
245
1,197
1 2
1,443
b
b b b b
2
Transfer Increase Decrease
21 12
b b b b
21 12
-28 -21
-28
Translation differences AT DECEMBERb31 ST , 2017
-144
-165
229
1,053
3
1,285
Brand names and customer relationships
Accumulated amortization and impairment
Software
Other
Total -209
AT DECEMBERb31 ST , 2015
-122
-86
-1
7
Transfer Expense Decrease
-3
b
1
-2
-19
-42
b b b
-61
5
b
5
Translation differences AT DECEMBERb31 ST , 2016
-3
-1
-4
-142
-129
0
-271
Transfer Expense Decrease
-15 -30
b
-2 -1
-17
-108
-77
28 10
b
b b
28 29
Translation differences AT DECEMBERb31 ST , 2017
19
-149
-187
-3
-339
Brand names and customer relationships
Carrying amount
Software
Other
Total
AT DECEMBERb31 ST , 2015 AT DECEMBERb31 ST , 2016 AT DECEMBERb31 ST , 2017
35
245
1 1 0
281
103
1,068
1,172
80
866
946
At Decemberb31 st , 2017, brand names and customer relationships amounted to €87.6bmillion and €778.8bmillion, respectively. Following the acquisition of LanguageLine Solutions LLC in 2016, a total amount of €866.6bmillion was allocated to the brand name, the customer relationships and the technologies developed
internally. It was determined, after analysis, that the LLS brand name has an indefinite life and it is therefore not amortized. The carrying amount of this asset at Decemberb31 st , 2017bwas €87.6bmillion.
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Teleperformance bb - bb Registration documentbb 2017
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