APC 2014 Annual Report Download - page 207

CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31,2014
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Development
Trademarks Software Other Totalprojects (R&D)
NET VALUE
Dec.31, 2012 2,433 167 945 974 4,519
Dec.31, 2013* 2,246 168 1,053 813 4,280
Dec.31, 2014 2,460 163 1,239 1,198 5,061
The 2013 figures were restated from discontinued operations and change in consolidation method disclosed in note1.*
In 2014, change in Intangible assets mainly related to changes in In 2013, change in Intangible assets mainly related to R&D
scope of other intangibles assets including recognized intangibles capitalized development costs for EUR326million.
relating to Invensys acquisition for EUR521million and to R&D
capitalized development costs for EUR355million.
The amortization and impairment of intangible assets other than goodwill retreated at statutory cash flow were as follows:
Cash impact Dec.31, 2014 Dec.31, 2013*
Amortization of intangible assets other than goodwill 483 408
Impairment on intangible assets other than goodwill and others 3 -
TOTAL** 486 408
The 2013 figures were restated from discontinued operations and change in consolidation method disclosed in note1.*
Includes amortization&depreciation of intangibles assets from purchase price allocation for EUR259million for the year 2014 and **
EUR218million for the year 2013 (disclosed in note8).
12.2 – Trademarks
At December31, 2014, the main trademarks recognized were as follows:
Dec.31, 2014 Dec.31, 2013*
APC (IT)1,515 1,333
PELCO (Buildings & Partner) 410 362
Clipsal (Building s & Partner) 172 165
5
MGE (IT) 33 67
TAC (Buildings & Partner)20 41
Juno (Buildings & Partner)94 83
Digital (Industry) 38 38
Invensys– Triconex and Foxboro (Industry)43 -
Other 135 157
NET 2,460 2,246
The 2013 figures were restated from change in consolidation method disclosed in note1.*
The migration of the Group’s brands towards the Schneider six-year period. The corresponding amortization expense totaled
Electric brand (One Brand project) has led to the amortization EUR61million over theyear. The other brands have an indefinite
from January1, 2010 of the Xantrex, TAC and MGE brands over a useful life.
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2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC