APC 2013 Annual Report Download - page 205

CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Goodwill Note11
11.1 – Main items of goodwill
Group goodwill is broken down by business as follows:
Dec.31, 2013, net Dec.31, 2012, net
Partner 3,717 3,943
Industry 2,139 2,244
Buildings 1,429 1,469
IT 2,890 3,015
Infrastructure 2,737 2,233
TOTAL 12,912 12,904
Square D goodwill was allocated to each business in proportion to operating income:
Partner Industry
Square D Company 82% 18%
11.2 – Movements during the year
The main movements during the year are summarized as follows:
Full year 2013 Full year 2012
Net goodwill at opening 12,904 12,773
Acquisitions 607 195
Disposals (12) -
Impairment - (250)
Translation adjustment (587) (108)
Reclassifications - 294
Net goodwill at year end 12,912 12,904 5
Included cumulative impairment (395) (413)
Acquisitions Impairment
There is a 12month period after the date of acquisition for the Impairment tests performed on all the Group’s CGUs have not led
Group to finalize the allocation of goodwill to these entities. The to impairment losses being recognized
corresponding goodwill is therefore provisional.
Other changes
Goodwill generated by acquisitions made during the year totaled
EUR607million and corresponds mainly to the Russian group Translation adjustments concern principally goodwill
Electroshield – TM Samara. Goodwill generated by acquisitions onUSdollars.
in2012 totaled EUR195million and corresponds partly to the UK
group M&C Energy.
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2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC