Financial information on assets,the financial statements <strong>and</strong> results of the CompanyNotes to the consolidated financial statementsOPERATING ASSETS AND LIABILITIES, EQUITYj Note 18 Goodwill18.1 Changes in goodwillGoodwill on consolidated entities comprises the following:(in millions of Euros) 31/12/2012 31/12/2011Net book value at opening date 11,64812,028Acquisitions 12921Disposals -(14)Impairment (note 13) (52)(655)Translation adjustments 209239Changes in scope of consolidation <strong>and</strong> other (1,522)29NET BOOK VALUE AT CLOSING DATE 10,41211,648Gross value at closing date 11,07912,775Accumulated impairment at closing date (667)(1,127)The changes in goodwill in 2012 primarily relate to:• acquisitions, including €89 million recognised after the takeover of Enerest by Électricité de Strasbourg (see note 5.3);• translation adjustments of €209 million, largely due to the rise of the Pound sterling against the Euro;• changes in the scope of consolidation, including €(1,400) million for the derecognition of Edison’s historical goodwill following determination of the fairvalue of the assets acquired <strong>and</strong> liabilities assumed in the takeover operation of 24 May 2012.The changes in goodwill in 2011 primarily related to:• impairment amounting to €(655) million, mainly concerning Edison <strong>and</strong> Dalkia;• translation adjustments of €239 million, largely due to the rise of the pound sterling against the Euro.18.2 Goodwill by operating segmentThe breakdown of goodwill is as follows:(in millions of Euros) 31/12/2012 31/12/2011<strong>EDF</strong> Energy 8,3398,260Total United Kingdom 8,3398,260Edison -1,400Total Italy -1,400<strong>EDF</strong> Luminus (Belgium) 383378ESTAG (Austria) 112112Other 110109Total Other International 605599Dalkia International 800799<strong>EDF</strong> Énergies Nouvelles 195209Other 473381Total Other activities 1,4681,389GROUP TOTAL 10,41211,64850 l <strong>EDF</strong> l Financial report 2012
Financial information on assets,the financial statements <strong>and</strong> results of the CompanyNotes to the consolidated financial statementsj Note 19 Other intangible assetsThe net value of other intangible assets breaks down as follows:At 31 December 2012(in millions of Euros)31/12/2011 Acquisitions Disposals TranslationadjustmentsChangesin scopeOthermovements31/12/2012Software 1,665 251 (149) (3) (21) 29 1,772Positive fair value ofcommodity contracts acquiredin a business combination704 - (29) (1) 245 (46) 873Greenhouse gasemission rights –green certificates366 681 (597) 3 65 (2) 516Other intangible assets 2,926 220 (9) 34 1,658 203 5,032Intangible assetsin development1,303 357 - (1) - 112 1,771Gross values 6,964 1,509 (784) 32 1,947 296 9,964Accumulated amortisation<strong>and</strong> impairment(2,262) (659) 160 (6) 626 (198) (2,339)NET VALUES 4,702 850 (624) 26 2,573 98 7,625Changes in scope mainly concern the effects of the takeover of the Edison group, particularly recognition of the Edison br<strong>and</strong> at the value of €945 million,<strong>and</strong> intangible assets related to hydropower concessions for an amount of €1,165 million. For more details, see note 3.1.4.Impairment of €(27) million was recorded in respect of other intangible assets in 2012.At 31 December 2011(in millions of Euros)31/12/2010 Acquisitions Disposals TranslationadjustmentsChangesin scopeOthermovements31/12/2011Gross values 6,509 1,216 (777) 25 (8) (1) 6,964Accumulated amortisation<strong>and</strong> impairment(1,893) (493) 183 (6) 13 (66) (2,262)NET VALUES 4,616 723 (594) 19 5 (67) 4,702Impairment of €(88) million was booked on other intangible assets in 2011.<strong>EDF</strong>’s research <strong>and</strong> development expenses recorded in the income statement total €527 million for 2012 (€518 million for 2011).j Note 20 Property, plant <strong>and</strong> equipment operated under Frenchpublic electricity distribution concessions20.1 Net value of property, plant <strong>and</strong> equipment operated under French publicelectricity distribution concessions(in millions of Euros) 31/12/2012 31/12/2011Property, plant <strong>and</strong> equipment 45,91944,342Property, plant <strong>and</strong> equipment in progress 1,3031,159PROPERTY, PLANT AND EQUIPMENT OPERATED UNDER FRENCH PUBLIC ELECTRICITY DISTRIBUTION CONCESSIONS 47,22245,501<strong>EDF</strong> l Financial report 2012 l 51
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LE GROUPE EDF EST CERTIFIÉ ISO 140