APC 2013 Annual Report Download - page 207

CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Development
Trademarks Software Other Totalprojects (R&D)
NET VALUE
Dec.31, 2011 2,529 211 809 1,155 4,704
Dec.31, 2012 2,433 167 945 974 4,519
Dec.31, 2013 2,246 168 1,053 779 4,246
In 2013, change in Intangibles assets mainly related to R&D (EUR250million), to Leader&Harvest (EUR85million) and to
capitalized development costs for EUR326million. Steck (EUR23million) acquired in2011, to M&C Energy Group
(EUR19million) acquired in2012.
In2012, changes in scope of consolidation of other intangible
assets mainly include recognized intangibles relating to Telvent
The amortization and impairment of intangible assets other than goodwill retreated at statutory cash flow were as follows:
Cash impact Dec.31, 2013 Dec.31, 2012
Amortization of intangible assets other than goodwill 412 420
Impairment on intangible assets other than goodwill and others - (15)
TOTAL* 412 405
Includes amortization&depreciation of intangibles assets from purchase price allocation for EUR218million for the year 2013 and *
EUR225million for the year 2012 (disclosed in note8).
12.2 – Trademarks
At December31, 2012, the main trademarks recognized were as follows:
Dec.31, 2013 Dec.31, 2012
APC 1,333 1,406
PELCO 362 380
5
Clipsal 165 200
MGE 67 100
TAC 41 63
Juno 83 87
Digital 38 48
Other 157 149
NET 2,246 2,433
Brands recognized on acquisition realized in2011 (Telvent, The migration of the Group’s brands towards the Schneider
Luminous, Steck) amount to EUR70million. They are recorded in Electric brand (One Brand project) has led to the amortization
line Other. from January1, 2010 of the Xantrex, TAC and MGE brands over a
six-year period. The corresponding amortization expense totaled
EUR61million over theyear.
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