Loreal 2011 Annual Report Download - page 116

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114 REGISTRATION DOCUMENT − L’ORÉAL 2011
42011 Consolidated Financial Statements
Notes to the consolidated  nancial statements
NOTE12 Other intangible assets
€ millions
2011 12.31.2010
Acquisitions/
Amortisation Disposals/
Reversals
Change in
the scope of
consolidation(1) Other
movements 12.31.2011
Brands with an indefinite life span(2) 1,295.5 119.9 38.9 1,454.3
Amortisable brands and product ranges 66.8 0.7 5.0 2.0 74.4
Licences and patents 725.6 9.0 -0.1 185.5 10.4 930.4
Other 906.5 98.6 -23.2 9.7 6.9 998.4
Gross value 2,994.3 108.3 -23.3 320.1 58.2 3,457.5
Brands with an indefinite life span(3) 66.3 32.8 5.3 104.3
Amortisable brands and product ranges 48.6 3.7 2.5 54.8
Licences and patents 270.9 42.4 -0.1 -0.7 6.6 319.1
Other 431.2 88.3 -23.2 5.8 502.1
Amortisation and provisions 816.9 167.2 -23.3 -0.7 20.1 980.2
Other intangible assets – net 2,177.5 -58.9 0.0 320.8 38.0 2,477.3
(1) This item consists mainly of changes in the scope of consolidation resulting from Arex GmbH, Q-Med and Pacific Bioscience Laboratories Inc.
(2) At December31st, 2011, brands with an indefinite life span consist mainly of The Body Shop (€495.8million), Matrix (€281.1million), Kiehl’s (€125.6million),
Shu Uemura (€129.3million) and Clarisonic (€86.5million).
(3) Impairment losses were recognised during the period against the Softsheen Carson brand, for €32.8million.
Other movements mainly consisted of changes in exchange
rates with a positive €44.1million impact over the period, as
well as the allocation of the purchase price of the American
distributors acquired in2010 (shown on the “Other” line for
€9.8million).
Accumulated impairment losses amount to €14.0million on
Biomedic, €40.8million on Yue Sai and €49.5million on Softsheen
Carson at December31st, 2011.
€ millions
2010 12.31.2009
Acquisitions/
Amortisation
Disposals/
Reversals
Change in
the scope of
consolidation(1)
Other
movements 12.31.2010
Brands with an indefinite life span(2) 1,183.1 46.0 66.4 1,295.5
Amortisable brands and product ranges 62.6 0.6 -0.4 4.0 66.8
Licences and patents 662.9 7.6 -1.6 56.7 725.6
Other 776.2 84.8 -19.0 11.9 52.6 906.5
Gross value 2,684.8 93.0 -21.0 57.9 179.7 2,994.3
Brands with an indefinite life span(3) 37.3 26.0 2.9 66.3
Amortisable brands and product ranges 32.4 13.8 -0.4 2.8 48.6
Licences and patents 217.8 32.5 -1.6 22.2 270.9
Other 354.9 83.9 -18.8 11.2 431.2
Amortisation and provisions 642.4 156.2 -20.8 39.1 816.9
Other intangible assets – net 2,042.4 -63.2 -0.2 57.9 140.6 2,177.5
(1) This item consists mainly of changes in the scope of consolidation resulting from Essie Cosmetics and C.B. Sullivan.
(2) At December31st, 2010, brands with an indefinite life span consist mainly of The Body Shop (€481.1million), Matrix (€274.5million), Kiehl’s (€122.9million)
and Shu Uemura (€121.5million).
(3) Impairment losses were recognised during the period against the Yue Sai and Softsheen Carson brands, for €11.5million and €14.5million, respectively.
Other movements mainly consisted of changes in exchange
rates with a positive €128.1million impact over the period, as
well as the allocation of the purchase price of the American
distributors acquired in2009 (shown on the “Other” line for
€16.3million).
Accumulated impairment losses amount to €14.0million on
Biomedic, €37.8million on Yue Sai and €14.5million on Softsheen
Carson at December31st, 2010.