Annual report 2010 - Dexia.com

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Notes to the consolidated financial statementsManagement reportConsolidatedfinancial statementsAdditional information Annual financial statementsLand and buildingsOwn useownerOwn usefinanceleaseOwn useownerOffice furnitureand other equipmentOwn usefinanceleaseOperatinglease (1)InvestmentPropertyAcquisition cost as at 1 Jan. 2010 2,041 3 1,124 78 141 1,112 4,499- Acquisitions 173 0 92 10 81 13 369- Subsequent expenditures 6 0 0 0 0 45 51- Disposals (254) 0 (17) 0 (28) (35) (334)- Change in scope of consolidation (out) (13) 0 (6) 0 (2) 0 (21)- Transfers and cancellations (18) 0 (231) 0 0 53 (198)- Translation adjustments 4 0 9 3 0 5 20- Other 0 0 0 0 1 0 1Acquisition cost as at 31 Dec. 2010 (A) 1,938 3 971 90 194 1,192 4,387Accumulated depreciation andimpairment as AT 1 jan. 2010 (632) (1) (845) (50) (44) (531) (2,103)- Depreciation booked (72) 0 (76) (9) (32) (22) (211)- Impairment booked 0 0 0 0 0 (1) (1)- Write-back 0 0 0 0 0 1 1- Disposals 6 0 12 0 14 28 60- Change in scope of consolidation (out) 9 0 5 0 1 0 16- Transfers and cancellations 32 0 231 0 0 (55) 208- Translation adjustments (1) 0 (5) (2) 0 (2) (10)Accumulated depreciation andimpairment as AT 31 Dec. 2010 (B) (658) (1) (678) (59) (62) (583) (2,041)Net book value as AT 31 Dec. 2010(A)+(B) 1,280 2 293 31 132 608 2,346(1) Mainly cars.B. Fair value of investment propertyTotal31/12/09 31/12/10Fair value subject to an independent valuation 58 59Fair value not subject to an independent valuation 522 578Total 581 637C. Expenditures31/12/09 31/12/10Expenditures capitalised for the construction of property, plant & equipment 3 0D. Contractual obligations relating to Investment property at the end of theperiodNil.158 Dexia Annual report 2010
Notes to the consolidated financial statements7.10. Intangible assets and goodwillPositiveGoodwill (1)Internally developedsoftwareOtherintangibleassets (2)Aquisition cost as at 1 Jan 2009 1,936 714 612 3,262- Acquisitions 0 85 48 133- Disposals 0 (2) (1) (3)- Change in scope of consolidation (out) (10) 0 (1) (11)- Transfers and cancellations 0 (1) (27) (28)- Translation adjustments 0 3 (1) 2- Other 0 0 (1) (1)Acquisition cost as AT 31 Dec. 2009 (A) 1,926 800 628 3,353Accumulated amortization and impairment asat 1 Jan. 2009 (186) (521) (361) (1,069)- Booked (6) (62) (68) (135)- Change in scope of consolidation (out) 8 0 1 9- Disposals 0 0 1 1- Transfers and cancellations 0 1 19 20- Translation adjustments (2) (1) 0 (2)Accumulated amortization and impairment asat 31 Dec. 2009 (B) (186) (583) (408) (1,176)Net book value as AT 31 Dec. 2009 (A)+(B) 1,740 217 220 2,177(1) Accumulated amortization of positive goodwill represented an amount of EUR -175 million as at 31 Dec. 2009. This amount was booked before theapplication of IFRS.(2) Other intangible assets include purchased software and intangible assets identified for a net amount of EUR 120 million in the purchase of DenizBank group.These will be amortised at the latest end 2016.PositiveGoodwill (1)Internally developedsoftwareOtherintangibleassets (2)Acquisition cost as at 1 JAN. 2010 1,926 800 628 3,353- Acquisitions 28 75 68 171- Disposals 0 (4) 2 (2)- Change in scope of consolidation (in) 1 3 0 4- Change in scope of consolidation (out) 0 (10) (1) (11)- Transfers and cancellations 0 (11) (50) (61)- Translation adjustments 54 9 12 75Acquisition cost as at 31 Dec. 2010 (A) 2,007 860 660 3,528Accumulated amortization and impairment asat 1 Jan. 2010 (186) (583) (408) (1,176)- Booked 0 (64) (73) (137)- Change in scope of consolidation (out) 0 7 1 8- Disposals 0 0 2 2- Transfers and cancellations 0 11 50 61- Translation adjustments (2) (3) (5) (10)Accumulated amortization and impairment asAT 31 Dec. 2010 (B) (188) (631) (433) (1,252)Net book value as AT 31 Dec. 2010 (A)+(B) 1,820 229 227 2,276(1) Accumulated amortization of positive goodwill represent an amount of EUR -177 million as at 31 Dec. 2010. This amount was booked before the applicationof IFRS.(2) Other intangible assets include purchased software and intangible assets identified for a net amount of EUR 98 million in the purchase of DenizBank group.These will be amortised at the latest end 2016.TotalTotalManagement reportConsolidatedfinancial statementsAdditional information Annual financial statementsAnnual report 2010 Dexia159
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4 Group profile8 Message from the c
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Group profileManagement reportConso
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Group profileRESULTS Dexia GAAP IFR
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Message from the ChairmenManagement
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2010 and early 2011 highlightsManag
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2010 and early 2011 highlightsDecem
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Update on the transformation planMa
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Human ResourcesMEMBERS OF STAFFGEND
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Financial resultsConsolidated state
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Financial resultsManagement reportC
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240 Balance sheet241 Off-balance-sh
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Additional informationManagement re
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Annual report 2010 - Dexia.com

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