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Consolidated
Financial Statements
| Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Note 11. Other intangible assets
Depreciation of other intangible assets related to continuing operations
(primarily Canal+ Group and UMG) was recognized as cost of revenues
and in selling, general and administrative expenses (-€61 million in 2014
and -€60 million in 2013).
Depreciation of other intangible assets related to discontinued
businesses was recognized in the line “Earnings from discontinued
operations” for -€207 million in 2014 and -€853 million in 2013 (of which
-€729 million related to SFR).
Note 11.
Other intangible assets
(in millions of euros)
December 31, 2014
Other intangible assets,
gross
Accumulated amortization
and impairment losses
Other intangible assets
Software
242
(204)
38
Customer bases
230
(178)
52
Trade names
44
(25)
19
Other
337
(217)
120
853
(624)
229
(in millions of euros)
December 31, 2013
Other intangible assets,
gross
Accumulated amortization
and impairment losses
Other intangible assets
Software
5,158
(3,906)
1,252
Telecom licenses
2,505
(620)
1,885
Customer bases
956
(811)
145
Trade names
167
(51)
116
Other
1,825
(917)
908
10,611
(6,305)
4,306
Changes in other intangible assets
(in millions of euros)
Year ended December 31,
2014
2013
Opening balance
4,306
5,190
Depreciation
(278)
(a)
(924)
Acquisitions
275
477
Increase related to internal developments
169
264
Divestitures/Decrease
(11)
(4)
Business combinations
60
33
Divestitures in progress or completed
(4,310)
(678)
Changes in foreign currency translation adjustments and other
18
(52)
Closing balance
229
4,306
(a)
Relates to the depreciation of other intangible assets as published in the 2013 Annual Report. This amount was not adjusted to take into account
the impact of the application of IFRS 5 to Maroc Telecom group.
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Annual Report 2014