Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

Intangible assets 6.2 Intangible assets (excluding goodwill) break down as follows:

12/31/2018

12/31/2017

Amortization Not amortized

(In thousands of euros)

Carambar & Co group trademarks

72,146 8,038 126,141 134,146 340,471 21,576 21,576 274,013 274,013 636,061 960,906 181,660 1,778,627 -

72,146 49,600 121,474 128,751 371,971

Planet group trademarks

Amortized

Sommet Education trademarks WorldStrides group trademarks

Not amortized

Amortized

Eurazeo Capital division

Nest Fragrances group trademarks

- -

Not amortized

Eurazeo Brands division

Eurazeo PME Group trademarks

232,247 232,247

Not amortized

Eurazeo PME division

Other trademarks Total trademarks

5

Not amortized

604,223 1,163,398

Other intangible assets relating to acquisitions

Other intangible assets

181,179

TOTAL INTANGIBLE ASSETS

1,948,800

Other assets relating to acquisitions mainly consist of commercial contracts and customer relationships. These intangible assets are all amortized. An impairment of €49.6 million was recognized in respect of the historical trademarks of the Planet group (formerly Fintrax) following its rebranding and the adoption of the Planet trademark. Movements in 2017 and 2018 were as follows:

Other intangible assets relating to acquisitions

4

Trademarks

Other

Total

(In thousands of euros)

Gross carrying amount as of January 1, 2017 Accumulated amortization and impairment Net carrying amount as of January 1, 2017

398,734 (6,000) 392,734

603,950 (54,801) 549,150

367,861 (77,237) 290,623 (127,919) (27,548) (16,901) 54,315

1,370,545 (138,038) 1,232,507

Additions

1,034

1,602

56,951 770,175 (98,704) (36,235)

Changes in consolidation scope

224,639

673,456 (70,762)

Amortization charge and impairment for the period

(395)

Foreign currency translation

(13,673)

(5,661) 15,613

Other movements

(116)

8,609

24,105

Gross carrying amount as of December 31, 2017 Accumulated amortization and impairment Net carrying amount as of December 31, 2017 Net carrying amount as of December 31, 2017, excluding IFRS 5 restatement

604,647

1,287,640 (124,242) 1,163,398

329,600 (148,422)

2,221,887 (273,088) 1,948,800

(424)

604,223

181,179

604,223

1,173,698

182,771 69,745 (33,579) (40,942)

1,960,691

Additions

28

-

69,773

Changes in consolidation scope

84,260 (65,274)

(49,597) (178,121)

1,085

Amortization charge and impairment for the period

(284,337)

Foreign currency translation

12,828

19,442 (4,516)

741

33,011 (1,596)

Other movements

(5)

2,924

Gross carrying amount as of December 31, 2018 Accumulated amortization and impairment Net carrying amount as of December 31, 2018

702,200 (66,139) 636,061

1,220,892 (259,987) 960,906

358,703 (177,043) 181,660

2,281,795 (503,168) 1,778,627

Trademark impairment of €54.1 million is recorded in other operating income and expenses (see Note 4.6). Amortization of other assets relating to acquisitions is split between operating income before other income and expenses and operating income. Amortization of other intangible assets is recorded in the amortization line.

Eurazeo

237

2018 Registration Document