BPCE - 2019 Universal Registration Document
5
FINANCIAL REPORT
BPCE PARENT COMPANY ANNUAL FINANCIAL STATEMENTS
12/31/2018
Increase
Decrease Other changes
12/31/2019
in millions of euros
Leasehold rights and business assets*
0
78 40
78 87
Software
127
(80)
Other
0
0
Operating intangible assets Non-operating intangible assets
127
118
(80)
0
165
2
2
Gross amount
129
118
(80)
0
167
Lease rights and business assets
0
0
Software
(111)
(7)
68
(50)
Other
0 0
0 0
Impairment
Operating intangible assets
(111)
(7)
68
0
(50)
Impairment excluding operating intangible assets
(2)
(2)
Amortization and impairment
(113)
(7)
68
0 0
(52) 115
NET AMOUNT
16
111
(12)
This change is due to the business assets recorded on the acquisition of EuroTitres. *
Decreases are primarily due to the scrapping of assets when they are fully amortized.
4.5.2
PROPERTY, PLANT AND EQUIPMENT
Accounting principles Property, plant and equipment consist of tangible assets held for use in the production or supply of goods and services, for lease to third parties or for administrative purposes; and (b) are expected to be used during more than one fiscal year. Insofar as buildings are assets consisting of a number of components that have different uses at the outset, each component is recognized separately at cost and a depreciation schedule specific to each component is used. The depreciable amount is the gross value less the residual value where the latter is material, lasting and can be measured reliably.
Other property, plant and equipment is recorded at cost, production cost or restated cost. The cost of assets denominated in foreign currencies is translated into euros at the exchange rate prevailing on the transaction date. These assets are depreciated according to the period over which the asset’s future economic benefits are expected to be consumed by the entity, which generally corresponds to the asset’s useful life. Where applicable, assets may be subject to impairment. Investment property consists of non-operating assets.
12/31/2018
Increase
Decrease Other changes
12/31/2019
in millions of euros
Land
0 2 0
0 2 0
Buildings
Shares in non-trading real estate companies
Other
153 155
17 17
(104) (104)
66 68
Operating property, plant and equipment Non-operating property, plant and equipment
0
3
(1)
2
Gross amount
158
17
(105)
0
70
Land
0 0 0
0 0 0
Buildings
Shares in non-trading real estate companies
Other
(133) (133)
(6) (6)
100 100
(39) (39)
Operating property, plant and equipment Non-operating property, plant and equipment
0
(2)
(2)
Depreciation and impairment
(135)
(6) 11
100
0 0
(41)
NET AMOUNT
23
(5)
29
Decreases are primarily due to the scrapping of assets when they are fully depreciated.
530
UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE
www.groupebpce.com
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