Compagnie des Alpes // 2021 Universal Registration Document
5 FINANCIAL INFORMATION
Consolidated financial statements
Leisure parks The table below shows the difference between the company values and the capital used (€577.7 million).
Discount rate
6.5%
7.0%
7.5%
1.5%
76.7
7.8
-49.4 -26.6
1.75% 2.0% 2.25%
110.9 149.0 191.5 239.3
35.5 66.0 99.6 137.1
LT growth rate
-1.7 25.5 55.5
2.5%
Long-term forecasts take into account investments addressing climate risks (particularly snow cover and weakening permafrost). The sensitivity analysis shows no additional impairment in the event of a one-point increase in the WACC rate for the Ski areas. With regard to the last sector, Holdings and supports, this includes companies with different activities which are tested individually or by sub- groups of companies with similar activities (tour operators, consulting activities).
6.2 INTANGIBLE ASSETS Intangible assets break down as follows:
At 30/09/2021
At 30/09/2020 Acquisitions Disposals Increases Reversals
Change of scope
Other changes
(in thousands of euros) Gross amount Use rights
82,330 45,737
-
-
- - - - - - -
-
82,330 50,928
Software Website
5,212
-316
295
-
378
- - - - -
6,903
7,281 9,513
Business intangibles Trademarks and brands
9,363
- - -
150
- - - -
43,098 2,637 6,290 11,170 20,605
43,098 2,637 6,293 9,670 17,057 7,189 -74,387 -38,857 -4,758 -8,244 -2,109 -2,086 -8,119 -14,131
Contracts and customer relations
Highway interchange concession Parc Astérix
3
Cinematographic films and works
557 -3,256 1,228 -291
1,199
Other intangible assets
165 -4,650
Intangible assets in progress SUBTOTAL: GROSS AMOUNT Depreciation and impairment Dep/amort. Use rights
2,741
6,990
-
-
-2,542
223,970
14,368 -3,863
315 1,205 235,995
-73,970 -34,401
-417
-
- -
-
Dep/amort. Software Dep/amort./Website
-5,583
316
811
-
-961 -265 -527
- - -
-10 -3,787
Dep/amort. Business intangibles
-7,979 -1,582
- -
- -
Dep/amort. Contracts and customer relations Dep/amort. Highway interchange concession Parc Astérix Dep/amort. Cinematographic films and works
-2,022 -10,110 -15,579
-64
-
- -
-
-1,184 3,245 -1,646 291
-70
Dep/amort. Other intangible assets
-69 2,872
SUBTOTAL: DEPRECIATION, AMORTISATION AND IMPAIRMENT
-145,643
-10,647 3,852
-79
-174 -152,690
NET AMOUNT
78,328
14,368 -3,863 -10,647 3,852
236 1,031
83,305
Investments during the financial year mainly consisted of expenses relating to websites, digital projects (CRM, roll-out of datalakes) as well as computer software.
The “Changes in scope” column takes into account the acquisition of the ten companies under the Evolution 2 license. The principles that apply to the amortisation of intangible assets are detailed in Note 1.12.
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Compagnie des Alpes I 2021 Universal registration document
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