REGISTRATION DOCUMENT - Bourbon

4NotesCONSOLIDATED FINANCIAL STATEMENTSto the consolidated financial statements3 Notes to the consolidated financial statements3.1 GOODWILLAs of December 31, 2011 the net balance of goodwill totaled €34.0 million broken down as follows:(in € millions) Gross Impairment Net12.31.2009 33.5 - 33.5Acquisitions - - -Disposals - - -Impairment - - -Currency translation adjustment - - -Change in consolidation scope - - -Reclassifi cation and other changes - - -12.31.2010 33.5 - 33.5Acquisitions 0.5 - 0.5Disposals - - -Impairment - - -Currency translation adjustment - - -Change in consolidation scope - - -Reclassifi cation and other changes - - -12.31.2011 34.0 - 34.0In 2011, Bourbon acquired two new companies in Asia. The impact of these acquisitions is detailed below:(in € millions)Acquisition price of the shares 0.6Restated portion acquired 0.0Goodwill 0.5The fi nal allocation of the provisional goodwill so determined will be effective in 2012.As of December 31, 2011, the allocation of goodwill was as follows:(in € millions)Marine Services – DEEP 8.2Marine Services – SHALLOW 6.1Marine Services – CREW -Subsea Services 19.2Other 0.5TOTAL 34.0No impairment requiring a depreciation of goodwill was identifi ed as of December 31, 2011 (see note 1.4). The accounting method is detailedin note 1.5.2.80BOURBON - 2011 Registration Document