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Financial Statements
2012
139
3.5.5 NOTES TO THE BALANCE SHEET
Note 1. Intangible assets
At 03/31/12
At 03/31/11
Gross
Cumulative
depreciation and
amortization
Net
Net
Released commercial software
645,779
570,632
75,147
59,444
Released external developments
140,407
135,927
4,480
2,726
commercial software and external developments in progress
356,681
21,100
335,581
274,986
Brands and operating licenses
10,486
328
10,158
10,148
Other
5,007
1,589
3,418
117
TOTAL
1,158,360
729,576
428,784
347,421
Non-current assets
Opening
balance
Increase
Decreas
e
Reclassi
fication
of
software
in
progres
s
Reclassif
ications
Closing
balance
Released commercial software
662,909
322,348
261,409
(78,069)
-
645,779
Released external developments
132,099
24,238
33,304
17,374
-
140,407
Commercial software and external developments
in progress
295,986
-
-
60,695
-
356,681
Brands and operating licenses(1)
10,476
10
-
-
-
10,486
Other
501
4,506
-
-
-
5,007
TOTAL at 03/31/12
1,101,971
351,102
294,713
-
-
1,158,360
TOTAL at 03/31/11
1,080,979
324,108
303,092
-
(24)
1,101,971
(1) Essentially the Far Cry® brand.
The increase in commercial software of €322,348 thousand is substantiated by capitalized production
of €324,139 thousand, acquisitions of €300 thousand, refunds of €(2,109) thousand and exchange
differences of €18 thousand.
Depreciation and amortization
Opening
balance
Increase
Decrease
Reclassificati
ons
Closing
balance
Released commercial software
603,465
207,576
261,409
21,000
570,632
Released external developments
129,373
39,858
33,304
-
135,927
Commercial software and external
developments in progress
21,000
21,100
-
(21,000)
21,100
Brands and operating licenses
328
-
-
-
328
Other
384
1,205
-
-
1,589
TOTAL at 03/31/12
754,550
269,739
294,713
-
729,576
TOTAL at 03/31/11
678,844
378,656
302,950
-
754,550
The decrease in commercial software and external developments is explained by the removal from
assets of software for which the net accounting value is zero at the year-end.