GROUPAMA / 2019 Universal Registration Document
7 FINANCIAL STATEMENTS Consolidated financial statements and notes
Operating property Note 6
31.12.2019
31.12.2018
Property Right of use
SCI units
Total
Property
SCI units
Total
(in millions ofeuros)
Openinggross value
566
10
576
555
10
565
Acquisitions
1
236
236
3
3
Change in scope of consolidation Assets capitalisedin the year
19
19
10
10
Transferfrom/to investmentproperty
(1)
(1)
Foreign exchangeadjustments
(1)
(1)
(1)
(1)
Outwardreinsurance
(71)
(71)
(2)
(2)
Other Closinggross value
514
235
10
759
566
10
576
Openingcumulativeamortisation & impairment
(109)
(109)
(102)
(102)
Increase
(6)
(27)
(33)
(12)
(12)
Change in scope of consolidation Transferfrom/to investmentproperty Decrease
22
22
4
4
Other Closingcumulativeamortisation& impairment
(93)
(27)
(120)
(109)
(109)
Openingcumulativelong-termimpairment
(99)
(99)
(85)
(85)
Long-termimpairmentrecognised
(13)
(13)
Change in scope of consolidation Transferfrom/to investmentproperty Long-termimpairmentwrite-backs
26
26
Closingcumulativelong-termimpairment
(73)
(73)
(99)
(99)
Openingnet value
358
10
368
368
10
378
Closingnet value
348
208
10
566
358
10
368
Closingfair value of operatingproperty
574
208
15
796
589
16
605
UNREALISEDCAPITALGAINS (LOSSES)
226
0
5
231
231
6
237
Divestments and reserve reversals for the fiscal year are mainly relatedto the sale of a Paris suburbpropertyby GroupamaGan Vie.
It should be noted that the Group has applied IFRS 16 since 1 January2019: leases are now recognisedas an asset as well as a liability forthe rent paymentobligation.
171 Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES
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