EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS

Notes to the consolidated financial statements

The net value of other intangible assets breaks down as follows:

Translation adjustments

Changes in scope (2)

Other movements

31/12/2020

31/12/2019 Acquisitions

Disposals

(in millions of euros)

Software

5,295

850

(155)

(62)

11

31

5,970

Positive fair value of commodity contracts acquired in a business combination Greenhouse gas emission rights – green certificates

504

-

-

-

-

-

504

474

2,056

(1,752)

(13) (44)

-

4

769

Other intangible assets

7,919

421

(327)

(332)

(91)

7,546

Intangible assets in development (1)

1,415

175

(4)

(7)

-

2

1,581

Gross value

15,607 (2,963)

3,502 (775)

(2,238)

(126)

(321)

(54) (22)

16,370 (3,569)

Software

153

45

(7)

Positive fair value of commodity contracts acquired in a business combination

(191)

(25)

-

-

-

-

(216)

Other intangible assets

(3,103)

(528)

317

26

272

14

(3,002)

Accumulated amortisation and impairment

(6,257) 9,350

(1,328) 2,174

470

71

265

(8)

(6,787)

NET VALUE 9,583 Increases in intangible assets in development are stated net of the effects of newly-commissioned assets. Intangible assets in development are detailed (1) in note 10.6. Changes in scope essentially comprise the reclassification the assets of Infrastrutture Distribuzione Gas (IDG), owned by Edison, as assets held for sale (2) (see note 3.2). (1,768) (55) (56) (62)

The gross value of other intangible assets at 31 December 2020 includes: the Edison brand and intangible assets related to Edison’s hydropower ● concessions, amounting to €945 million and €489 million respectively; the Dalkia brand and intangible assets related to Dalkia’s concession agreements ● in France, amounting to €141 million and €1,209 million respectively;

the Framatome brand, Framatome’s nuclear technology-related intangible assets ● and Framatome’s customer contracts, amounting to €151 million, €777 million and €288 million respectively. Impairment of €(85) million was recorded in respect of other intangible assets in 2020 (€(47) million in 2019). EDF’s research and development expenses recorded in the income statement total €518 million for 2020 (€523 million in 2019).

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EDF - UNIVERSAL REGISTRATION DOCUMENT 2020