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2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 209
CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31,2015
5
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Trademarks Software Development
projects (R&D) Other Total
AMORTIZATION AND
IMPAIRMENT
Dec.31, 2013* (360) (655) (710) (1,021) (2,746)
Depreciation and impairment (65) (52) (180) (189) (486)
Reversals 4 14 2 (14) 6
Translation adjustments - (16) (22) (84) (122)
Reclassifi cation - 2 (6) (2) (6)
Changes in scope of consolidation
and other 23 1 6 88 118
Dec.31, 2014 (398) (706) (910) (1,222) (3,236)
Depreciation and impairment (355) (55) (339) (210) (959)
Recapture 3 46 9 (1) 57
Translation adjustments (12) ( 15 ) (34) (86) (147)
Reclassifi cation (3) - 48 (11) 34
Changes in scope of consolidation
and other - 2 - 45 47
Dec. 31, 2015 (765) (728) (1,226) (1,485) (4,204)
* The 2013 fi gures were restated from discontinued operations and change in consolidation method disclosed in note1.
Trademarks Software Development
projects (R&D) Other Total
NET VALUE
Dec.31, 2013* 2,246 168 1,053 813 4,280
Dec.31, 2014 2,460 163 1,239 1,198 5,061
Dec .31, 2015 2,241 151 1,252 1,082 4,726
* The 2013 fi gures were restated from discontinued operations and change in consolidation method disclosed in note1.
In 2015, change in Intangible assets mainly related to R&D
capitalized development costs for EUR373 million. The decrease
in the intangible assets is mainly due to the disposal of Juno (see
note2.2).
In 2014, change in Intangible assets mainly related to changes in
scope of other intangibles assets including recognized intangibles
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 restated at statutory cash fl ow were as follows:
Cash impact Dec.31, 2015 Dec.31, 2014
Amortization of intangible assets other than goodwill 551 483
Impairment on intangible assets other than goodwill and others 408 3
TOTAL* 959 486
* Includes amortization& impairment of intangibles assets from purchase price allocation for EUR277million for the year 2015 and
EUR259million for the year 2014 (disclosed in note8).