APC 2003 Annual Report Download - page 77

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75
Note 5. Intangible Assets
a) Gross value
(
€
millions)
Software Brands Other Total
intangible
assets
December 31, 2001 211.7 173.4 385.1
Acquisitions 75.5 13.9 89.4
Disposals (13.2) (9.4) (22.6)
Translation adjustment (13.7) (18.4) (32.1)
Changes in scope of consolidation and others 45.1 6.5 (1) 51.6
December 31, 2002 305.4 166.0 471.4
Acquisitions 56.1 5.7 61.8
Disposals (9.9) (1.7) (11.6)
Translation adjustment (14.2) (3.5) (9.2) (26.9)
Changes in scope of consolidation and others 11.1 43.9 (2) (36.5) (3) 18.5
December 31, 2003 348.5 40.4 124.3 513.2
b) Accumulated amortization
(
€
millions)
Software Brands Other Total
intangible
assets
December 31, 2001 (120.4) (54.3) (174.7)
Allocation (39.2) (17.8) (57.0)
Recapture 6.2 2.4 8.6
Translation adjustment 7.9 4.6 12.5
Changes in scope of consolidation and others (1.2) 0.3 (0.9)
December 31, 2002 (146.7) (64.8) (211.5)
Allocation (45.3) (14.9) (60.2)
Recapture 6.8 1.1 7.9
Translation adjustment 9.3 2.5 11.8
Changes in scope of consolidation and others (4.2) 13.7 (3) 9.5
December 31, 2003 (180.1) (62.4) (242.5)
c) Net value
(
€
millions)
Software Brands Other Total
intangible
assets
December 31, 2001 91.3 119.1 210.4
December 31, 2002 158.7 101.2 259.9
December 31, 2003 168.4 40.4 61.9 270.7
(1) The
€
38.3 million in unrecognized prior service costs related to the Square D pension plans have been reclassified under
"Other non-current assets". See Note 9.
(2) Including the Digital brand valued at the time of acquisition.
(3) Corresponding mainly to a gross amount of
€
76.8 million and accumulated amortization of
€
17.7 million reclassified under
goodwill (see Note 4).