2007 Annual report - Groupe M6

financial accounts
notes to the parent company financial statements
2.1
Intangible assets
2.1.1
2.1.2
Intangible assets principally comprise computer software and co-production rights.
Computer software
Computer software is amortised on a straight-line basis over a period of between 1 to 5
years, supplemented by an accelerated amortisation.
Co-production of drama, documentaries, concerts,
programmes and music videos.
Once contracts have been signed, co-productions are carried as off-balance sheet
commitments, until the receipt of invoices, which are recorded as advances and payments
on account.
Co-productions are recognised as intangible assets upon receipt of technical acceptance.
Co-production costs are amortised on a straight-line basis over 3 years and may be
written-off, based on future receipt forecasts.
2.2
Property, facilities and equipment
& investments
2.2.1
Property, facilities and equipment are recorded at their acquisition cost and are depreciated
on a straight-line or reducing balance basis. The key periods of depreciation are as
follows:
Mobile technical equipment
Other mobile equipment
Technical equipment
Computer hardware
Office equipment
Video equipment
General facilities
Office furniture
3 years
4 years
3 or 4 years
3 or 4 years
5 years
6 years
10 years
10 years
2.2.2
Investments are recorded at their acquisition cost and written down when their value in
use is lower than their carrying value. This provision is increased when necessary by a
writedown of current accounts and a provision for liabilities and charges.
The acquisition cost of investments acquired with effect from 2007 comprises the purchase
cost and the acquisition costs (transfer taxes, fees, commissions and legal costs). These
acquisition costs are subject to an accelerated amortisation over 5 years.
M6 GROUP - 2007 annual report
239