Half-yearly financial Report at June 30, 2013 - A2A

Half-yearly financial report at June 30, 2013Notes to the balance sheet“Other intangible assets” include “customer lists”, which regard the acquisition of customerportfolios by Group companies. These balances are amortized on the basis of the estimatedbenefits expected to be obtained in future years. More specifically, the outstanding balance of7 million euro mostly relates to the amount paid in previous years by subsidiaries for theacquisition of the customers of the business acquired from ENEL in 2003, regarding a portionof the networks and customers of the city and province of Brescia, the customers belonging tothe gas sector and the customer portfolio of the subsidiary Aspem Energia S.r.l..GoodwillMillions of euro Balance at Changes during the period Balance at12 31 2012Invest- Other Write- Total06 30 2013ments changes downs changesGoodwill 569 - 569Total 569 - - - - 569There has been no change in goodwill since the previous period end.73“Goodwill” may be analyzed as follows at June 30, 2013:CGU - Millions of euroElectricity networks 271Environment 232Gas networks 38Gas 7Heat - Italy 21Total goodwill at June 30, 2013 569No impairment indicators were noted during the period which led to the recognition ofimpairment losses. Goodwill is tested for impairment at least annually.In particular, the Group’s actual results are in line with expectations for all its business sectors.The negative performance of the macroeconomic variables seen in the first half of 2013 wasalready considered to a large extent in the Group’s business plans used for carrying outimpairment testing at December 31, 2012. It was therefore considered unnecessary to updateany of the testing.