Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Customer portfolios, brands and business assets are intangible assets which are recognised in connection with business combinations, amortised over the useful lives shown above.

Franchises, patents, licences, etc. consist mainly of licences acquired and amortised over their useful lives. IT systems are mainly the result of developments made by the Group and associated companies, and are amortised over the periods set out above.

2018 Intangible assets

IT systems and other internally generated assets

Customer portfolio and business assets

Franchises, patents, licences, etc.

Other

Total

in € ڳ millions

Acquisition cost Gross value at 31 ژ Dec. 2017

54.2

39.4

81.0

6.9 181.5

- -

2.9

20.0 (0.4)

0.8 23.6

Acquisitions

(6.9)

-

(7.3)

Disposals (retirements)

Changes in scope of consolidation Transfers and other movements

-

1.9

0.1

-

2.0

-

1.6

-

(0.6)

1.0

Gross value at 31 ژ Dec. 2018

54.2

38.8

100.8

7.1

200.8

Depreciation and impairment Accumulated depreciation at 31 ژ Dec. 2017

(26.0)

(30.1)

(41.1)

(4.7)

(101.9)

(4.4)

(4.2)

(13.0)

(0.4)

(22.0)

Additions

-

6.9

-

-

7.0

Disposals (retirements)

Changes in scope of consolidation Transfers and other movements Accumulated depreciation at 31 ژ Dec. 2018 Carrying amount at 31 ژ Dec. 2017

-

(1.4)

(0.1)

-

(1.5)

-

1.5

-

(0.5)

0.9

(30.4)

(27.3)

(54.2)

(5.6)

(117.5)

28.2

9.3

39.9

2.2 79.6

Carrying amount at 31 ژ December 2018

23.8

11.5

46.6

1.5 83.4

198

2019 annual report