Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

12.2 Core intangible assets: movements during the periodGoodwillOther intangible assets:generated internallyLimited usefullifeUnlimiteduseful lifeOther intangible assets: otherLimited usefullifeUnlimiteduseful lifeA. Balance at start of period — — — 24,174 — 24,174A.1 Total net value reductions — — — (12,491) — (12,491)A.2 Net opening balance — — — 11,683 — 11,683B. Additions — — — 12,231 — 12,231B.1 Purchases — — — 12,231 — 12,231B.2 Increases in internally generated assets — — — — — —B.3 Revaluations — — — — — —B.4 Increases in fair value taken to: — — — — — —– net equity — — — — — —– profit and loss account — — — — — —B.5 Increases arising on exchange rates — — — — — —B.6 Other additions — — — — — —C. Reductions — — — 10,141 — 10,141C.1 Disposals — — — 16 — 16C.2 Value adjustments — — — 10,125 — 10,125– amortization — — — 10,125 — 10,125– writedowns — — — — — —+ net equity — — — — — —+ profit and loss account — — — — — —C.3 Reductions in fair value charged to: — — — — — —– net equity — — — — — —– profit and loss account — — — — — —C.4 Transfers to non-current assets being sold — — — — — —C.5 Reductions due to exchange rate differences — — — — — —C.6 Other reductions — — — — — —D. Balance at end of period — — — 13,773 — 13,773D.1 Total net value adjustments — — — (22,614) — (22,614)E. Gross closing balance — — — 36,387 — 36,387F. Stated at cost — — — — — —Total326 –