Annual report 2008 - Altarea Cogedim

CONSOLIDATED FINANCIAL STATEMENTS
n Change in accumulated amortisation and impairment
(in € thousand)
Impairment
Brand
Amortisation
Software Leasehold right Other
Total
At 1 January 2007 – (695) – (0) (695)
Allowance for amortisation – (797) (71) (12) (880)
Impairment losses – 113 – – 113
Transfer – – – – –
Change of accounting method – – – – –
Changes in scope of consolidation – (2,054) (107) – (2,161)
At 31 December 2007 – (3,433) (178) (12) (3,623)
Allowance for amortisation – (1,211) (239) (12) (1,462)
Reversal – 15 12 – 26
Transfer – 5 – – 5
Change of accounting method – – – – –
Changes in scope of consolidation – – – 12 12
At 31 December 2008 – (4,624) (405) (12) (5,041)
n Change in brands and other intangibles, net
Net value
Brand
Software
Net value
Leasehold
right
Commercial
goodwill
Total
Net value at 1 January 2007 – 382 12 395
Net value at 31 December 2007 66,600 2,397 2,604 (0) 5,000
Net value at 31 December 2008 66,600 2,837 1,956 0 4,792
The brand represents the Cogedim brand acquired upon the acquisition of the developer on 17 July 2007. (see notes 11 and 12.2).
The leasehold right represents the termination fees paid to tenants in order to free up all floors of the Avenue Delcassé building.
13.3. Property, plant and equipment other than investment property
n Change in other property, plant and equipment (PPE), gross
(in € thousand) Land Buildings Technical
installations
Other non–current
assets
Gross
At 1 January 2007 0 562 71 2,520 3,152
Acquisitions 8,271 60 5,564 13,896
Disposals (5,958) (76) (2,069) (8,102)
Transfers (86) 40 (45)
Changes in scope of consolidation 61 119 455 5,187 5,821
At 31 décembre 2007 2,375 681 424 11,243 14,723
Acquisitions – – 99 3,626 3,725
Disposals – (8) (7) (533) (548)
Transfers – – 226 (15) 211
Change of accounting method – – – – –
Changes in scope of consolidation 0 – 32 2 5
At 31 décembre 2008 2,375 673 746 14,323 18,117
122