2014 Registration Document and Annual Financial Report - page 277

5
Financial Statemements
Parent Company Financial Statements and Notes
NOTE 2
MOVEMENTS IN FIXED ASSETS
(inmillions of euros)
Gross value at
Jan. 1, 2014
Acquisitions
and inter-item
transfers
Retirements
and disposals
and inter-item
transfers
Other
Gross value at
Dec. 31, 2014
Trademarks and rights of use
59
-
-
-
59
Licenses and software
134
19
(1)
-
152
Networks
57
-
-
-
57
Other intangible assets
15
17
(14)
-
18
Prepayments to suppliers of intangible assets
-
-
-
-
-
Intangible assets
265
36
(15)
-
286
Land
5
-
-
-
5
Buildings
85
3
(5)
-
83
Machinery and equipment
29
-
(3)
-
26
Other property and equipment
80
6
(2)
-
84
Assets under construction
-
-
-
-
-
Prepayments to suppliers of property and
equipment
1
4
(1)
-
4
Property and equipment
200
13
(11)
-
202
Shares in subsidiaries and affiliates
(1)
6,549
753
(24)
-
7,278
Loans and advances to subsidiaries and
affiliates
(2)
412
206
(217)
4
405
Other investment securities
(1)
3
30
-
-
33
Other loans
20
3
-
-
23
Other investments
31
-
-
-
31
Investments
7,015
992
(241)
4
7,770
TOTAL FIXEDASSETS
7,480
1,041
(267)
4
8,258
(1) See Note 6 for a breakdown of the aggregate €759 million increase in these items.
(2) The decrease in this item reflects the combined effect of new loan originations and loans maturing during the year.
NOTE 3
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS
Trademarks and rights of use
This itemmainly relates to the valuation of the Novotel trademark and
rights granted to subsidiaries to use the Accor Group’s trademarks.
Licenses and software
These correspond to IT licenses and software used by the Company
in its operating activities.
Networks
Networks primarily correspond to the hotel networks of Novotel
and Suite Novotel.
Buildings and fixtures and fittings
These items mainly correspond to buildings and fixtures and
fittings related to hotels, headquarters premises and the Group’s
training center.
Registration Document 2014
275
1...,267,268,269,270,271,272,273,274,275,276 278,279,280,281,282,283,284,285,286,287,...332
Powered by FlippingBook