Annual report 2008 - Altarea Cogedim

CONSOLIDATED FINANCIAL STATEMENTS
9.2. Balance sheet items by operating segment
n At 31 December 2008
(in € thousand) 12/31/2008
ASSETS
Shopping
centres
Property development
for third parties
Development
of shopping centres
Goodwill – 113,716 15,000 128,716
Brands – 66,600 – 66,600
Investment property 2,221,875 – – 2,221,875
Assets under development 9,464 249 507,228 516,940
Investment in associates 67,324 1,275 – 68,599
Total non-current operating assets 2,298,663 181,840 522,228 3,002,731
Investment property 43,823 – – 43,823
Assets under development 82,694 249 263,321 346,264
Increases over the period 126,517 249 263,321 390,087
The goodwill and the brand relate primarily to the acquisition of control of Cogedim (see notes 11 and 12).
n At 31 December 2007
(in € thousand) 12/31/2008
ASSETS
Shopping
centres
Property development
for third parties
Development
of shopping centres
Goodwill – 240,222 112,450 352,672
Brands – 66,600 – 66,600
Investment property 2,075,997 – – 2,075,997
Assets under development 10,383 – 388,814 399,197
Investment in associates 66,038 1,232 25,028 92,298
Total non-current operating assets 2,152,417 308,054 526,293 2,986,764
Investment property 145,561 – 74 145,635
Assets under development 139,228 – 247,756 386,984
Increases over the period 284,790 – 247,830 532,619
Group
total
Group
total
104