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82
Note 4 - Goodwill
4.1 - Breakdown of goodwill
The following table presents goodwill by company and the Cash Generating Unit (CGU) to which it is allocated:
Europe North Asia-Pacific Rest of
America the world
Square D 9% 80% 10% 1%
Telemecanique 71% 0% 20% 9%
Merlin Gerin 62% 10% 20% 8%
Year of CGU (1)
Dec. 31, 2005 Jan. 1, 2005 Dec. 31, 2004
acquisition Net Net Net
Square D Company 1991 (A) 1,167.1 1,010.0 1,010.0
Groupe Lexel 1999 EOD 869.2 872.5 872.5
TAC/ Andover/ Abacus 2003 to 2005 BA 637.2 563.9 563.9
MGE UPS (2) 2000 to 2004 SP 559.0 546.1 469.4
BEI Technologies 2005 CSC 390.3 - -
Juno Lighting Inc. 2005 NAOD 335.2 - -
Telemecanique 1988 (A) 462.6 462.6 462.6
Clipsal 2004 APOD 261.0 245.0 245.0
Power Measurement Inc. 2005 NAOD 162.7 - -
Crouzet Automatismes 2000 CSC 162.6 161.9 161.9
ABS Invensys 2005 BA 118.8 - -
Positec 2000 EOD 105.9 105.9 105.9
Kavlico 2004 CSC 89.6 106.9 106.9
Merlin Gerin 1992 (A) 87.2 87.2 87.2
Digital Electronics 2002 APOD 84.1 83.7 83.7
ELAU 2004 and 2005 EOD 55.3 6.6 6.6
Federal Pioneer 1990 NAOD 60.1 50.2 50.2
Infra + 2000 to 2004 EOD 43.1 43.1 43.1
Mita Holding 1999 EOD 41.9 40.7 40.7
PDL 2001 APOD 35.1 33.5 33.5
SE Relays 2005 NAOD 13.9 - -
Other subsidiaries (3) APOD / EOD 136.9 119.2 119.2
Total 5,878.8 4,539.0 4,462.3
(1) Cash Generating Unit to which goodwill has been allocated.
EOD: European Operating Division; NAOD: North American Operating Division ; APOD: Asia-Pacific Operating Division;
IIOD: International Operating Division; CSC: Customized Sensors & Controls; BA : Building Automation; SP : Secured Power.
(2) Of which
75.4 million related to the put option granted to minority shareholders at Dec. 31, 2005 (
76.7 million at Jan. 1, 2005).
(3) Approximately 50 companies.
(A) Square D, Telemecanique and Merlin Gerin goodwill has been allocated on the basis of operating profit by
region as of the date of acquisition: