ANNUAL REPORT ARCELOR 2003 - paperJam

4.1 – Positive goodwill on acquisitionAnalysis of positive goodwill on acquisition 2003:In EUR million Net value 2002 Acquisition Appropriation Other Net value 2003Sollac / S3P 9 - (1) - 8Avis Steel 2 - - (1) 1ProfilARBED Distribution France 4 - - (4) -Arcelor Profil - - (1) 4 3Galtec 5 - (2) - 3Weha Edelstahl 3 - (1) - 2CFA - 13 (3) - 10Haironville Portugal - 2 - - 2Trefilados Mexico - 2 - - 2TOTAL 23 17 (8) (1) 31Analysis of positive goodwill on acquisition 2002:In EUR million Net value 2001 Acquisition Appropriation Net value 2002Sollac / S3P 10 - (1) 9Avis Steel 2 - - 2ProfilARBED Distribution France - 5 (1) 4Galtec - 6 (1) 5Weha Edelstahl - 3 - 3TOTAL 12 14 (3) 23financial information > consolidated financial statements4.2 – Negative goodwill on acquisitionAnalysis of negative goodwill on acquisition 2003:In EUR million Net value 2002 Acquisition Appropriation Disposal Other Net value 2003La Magona 12 - (2) - - 10Cockerill Sambre 673 - (103) (13) (61) 496Arbed / Aceralia 362 - (5) - (283) 74APSL - 43 (3) - - 40BMP Siderurgica S.A. - 30 (2) - - 28Investissements Technologies - 17 (3) - - 14Alinox - 3 (1) - - 2Other 22 4 - - (14) 12TOTAL 1,069 97 (119) (13) (358) 676The “Other” caption includes an amount of EUR 330 million recognised in the income statement further to theidentification of restructuring expenses relating to the merger of Aceralia, Arbed and Usinor on February 28, 2002.Analysis of negative goodwill on acquisition 2002:In EUR million Net value 2001 Acquisition Appropriation Other Net value 2002La Magona 14 - (2) - 12Cockerill Sambre 905 - (116) (116) 673Arbed / Aceralia - 432 (4) (66) 362Other - 26 (4) - 22TOTAL 919 458 (126) (182) 1,069Net goodwill on companies accounted for using the equity method is disclosed under the caption “Investmentsaccounted for using the equity method”.ANNUAL REPORT ARCELOR 2003 149