SECTION 1 -

Note 12. Intangible Assets
New Services: Pro forma Financial Statements and Notes
December, 31, 2009
(in € millions) Dec. 2007 Dec. 2008 Dec. 2009
Cost
Kadéos brand (1) 19 19 19
Other brands 15 17 18
Contractual customer relationship (2) 42 49 54
Licenses and software 70 76 96
Other 22 32 42
Total cost 168 193 229
Accumulated amortization and impairment losses
Brands (4) (3) (4)
Contractual customer relationship (5) (11) (30)
Licenses and software (53) (58) (72)
Other (5) (11) (24)
Total accumulated amortization and impairment losses (67) (83) (130)
Intangible assets, net 101 110 99
(1) The Kadéos brand was recognized following the acquisition of this company in March 2007 (see Note 2.A.1).
(2) Of which €19 million corresponding to Kadéos customer lists.
Changes in the carrying amount of intangible assets over the period were as follows:
(in € millions)
Dec. 2007
Dec. 2008 Dec. 2009
Net intangible assets at beginning of period 40 101 110
Additions 4 1
5
Internally-generated assets 7 9 14
Intangible assets of newly-consolidated companies (*) 68 7 2
Amortization for the period (15) (22) (23)
Impairment losses for the period (**) - - (18)
Disposals (2) - 3
Translation adjustment (1) (9) 5
Reclassifications - 23 1
Net intangible assets at end of period 101 110 99
(*) In 2007, the main newly‐consolidated companies were Kadéos and PrePay Technologies Ltd (see Note 2.A.1).
(**) For 2009, see Note 9.
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