6 - Vicat

information concerning the asset base,the financial condition and the results of the issuer20Financial20.3.3. NOTES TO VICAT S.A. FINANCIAL STATEMENTS 2009 ANALYSIS OF THE FINANCIAL STATEMENTSA - Non-current assets1) Intangible and tangible assets :(in thousands of euros)Gross value at beginningof year Acquisitions DisposalsGross value atend of yearConcessions, patents, goodwill and otherintangible assets 16,670 12,584 - 29,254Land and improvements 83,273 5,272 327 88,218Buildings and improvements 160,373 1,244 1,739 159,878Plant, machinery and equipment 497,576 12,651 10,610 499,617Other tangible assets 24,774 2,308 744 26,338Tangible assets in progress 9,183 15,631 18,455 6,359Advances and payments on account 74 1,528 1,569 33TOTAL 791,923 51,218 33,444 809,697(in thousands of euros)Accumulateddepreciation atbeginning ofyear Increase DecreaseAccumulateddepreciation atend of yearConcessions, patents, goodwill and otherintangible assets 9,596 745 - 10,341Land and improvements 13,326 874 241 13,959Buildings and improvements 104,151 4,288 1,731 106,708Plant, machinery and equipment 373,135 12,481 9,763 375,853Other tangible assets 19,990 1,466 735 20,721TOTAL 520,198 19,854 12,470 527,582Quotas allocated by the French government in theframework of the National Quota Allocation Plan(PNAQ II) are not recorded, either as assets orliabilities. For 2009, they amount to 2,802 thousandtonnes of greenhouse gas emissions (14,011 thousandtonnes for the 2008-2012 period).Only the quotas held at the end of the period exceedingthe cumulative actual emissions by 4,719 thousandtonnes are recorded in the assets, for 10,909thousand euros, corresponding to 885 thousandtonnes.Recording of surpluses, quota sales and quota swaps(EUA) against Emission Reduction Certificates(ERCs) are recognized in the income for the year atan amount of 12,564 thousand euros (8,069 thousandeuros at December 31, 2008).Tangible assets in progress are mainly comprised ofindustrial installations in the construction phase.Property, plant and equipment are depreciated asfollows :• Construction and civil engineeringfor industrial installations : 15 to 30 years• Industrial installations :5 to 15 years• Vehicles :5 to 8 years• Sundry equipment :5 years• Computer equipment :3 years176 VICAT - 2009 registration document