2013 Registration document and annual financial report - page 234

Registration Document 2013
232
Financial Statemements
5
Consolidated Financial Statements And Notes
Changes in the carrying amount of intangible assets over the period were as follows
(in millions of euros)
Dec. 2012
Dec. 2013
CARRYINGAMOUNT AT BEGINNING OF PERIOD
373
264
Disposal of the Economy Hotels US business (see note 2.A.1.1)
(164)
-
Other disposals
(9)
(8)
DISPOSALS OF THE PERIOD
(173)
(8)
Acquisitions
6
25
Internally-generated assets
(1)
30
32
Intangible assets of newly consolidated companies
(2)
80
23
Amortization for the period
(28)
(32)
Impairment losses for the period
(3)
(24)
(2)
Translation adjustment
6
(18)
Reclassifications of Assets held for sale (See note 32)
(6)
(3)
Other reclassifications
-
2
CARRYINGAMOUNT AT END OF PERIOD
264
283
(1) In 2012, acquisitions of licenses and software for €30 million (including €20 million in Worldwide Structures and €4 million in France).
In 2013, acquisitions of licenses and software for €32 million (including €26 million in Worldwide Structures).
(2) In 2012, intangible assets of newly consolidated companies consist of:
- Assets recognized on the business combination with the Mirvac Group for €50 million (see note 2.B.3), as follows:
i. Value attributed to the management contract: €31 million,
ii. Value attributed to the brand: €19 million;
- The €30 million value of entrance fees recognized on the acquisition of Grupo Posadas’ hotel network in South America (see note 2.B.4) of which:
i. €18 million for hotel entrance fees,
ii. €10 million for the Caesar Park and Caesar Business brands.
In 2013, intangible assets of newly consolidated companies correspond to assets recognized following the 2012 acquisition of Grupo Posadas’ hotel network in South
America, for €23 million (see note 2.B.4).
(3) Including at December 31, 2012, impairment losses of €13 million recognized on the Mirvac brands and €10 million recognized on the Caesar Park and Caesar Business
brands included in Grupo Posadas acquisition that Accor does not intend to use (see note 13.2.B).
The following intangible assets are considered as having an indefinite useful life
(in millions of euros)
Dec. 2012
Dec. 2013
Sebel brand (Australia)
5
4
Other brands and rights with indefinite useful life
1
1
CARRYINGAMOUNT AT END OF PERIOD
6
5
NOTE
20 PROPERTY, PLANT AND EQUIPMENT
Note 20.1. Property, plant and equipment by nature
(in millions of euros)
Dec. 2012
Dec. 2013
Land
199
177
Buildings
1,699
1,625
Fixtures
1,592
1,571
Equipment and furniture
1,439
1,433
Constructions in progress
190
247
PROPERTY, PLANT AND EQUIPMENT, AT COST
5,119
5,053
1...,224,225,226,227,228,229,230,231,232,233 235,236,237,238,239,240,241,242,243,244,...344
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