Food Lion 2014 Annual Report Download - page 106

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102 // DELHAIZE GROUP FINANCIAL STATEMENTS 2014
(in millions of €)
Trade
Names
Developed
Software
Purchased
Software
Favorable
Lease
Rights
Other
Total
Cost at January 1, 2013
575
271
321
154
63
1 384
Additions
—
36
32
—
11
79
Sales and disposals
—
(1)
(2)
(16)
(3)
(22)
Transfers (to) from other accounts
—
(12)
21
—
(8)
1
Classified as held for sale
(38)
—
(1)
(10)
(6)
(55)
Currency translation effect
(18)
(4)
(12)
(6)
(2)
(42)
Cost at December 31, 2013
519
290
359
122
55
1 345
Accumulated amortization at January 1, 2013
—
(142)
(211)
(102)
(28)
(483)
Accumulated impairment at January 1, 2013
(51)
—
—
—
(2)
(53)
Amortization expense
—
(33)
(41)
(9)
(4)
(87)
Impairment losses
(71)
—
—
—
(1)
(72)
Sales and disposals
—
—
2
15
1
18
Transfers to (from) other accounts
—
—
(1)
(1)
2
—
Classified as held for sale
34
—
1
7
3
45
Currency translation effect
3
4
8
4
—
19
Accumulated amortization at December 31, 2013
—
(171)
(242)
(86)
(27)
(526)
Accumulated impairment at December 31, 2013
(85)
—
—
—
(2)
(87)
Net carrying amount at December 31, 2013
434
119
117
36
26
732
(in millions of €)
Trade
Names
Developed
Software
Purchased
Software
Favorable
Lease
Rights
Other
Total
Cost at January 1, 2012
599
222
281
170
65
1 337
Additions
—
71
17
—
4
92
Sales and disposals
—
—
(2)
(12)
(4)
(18)
Transfers (to) from other accounts
—
(20)
30
—
—
10
Classified as held for sale
(3)
—
—
—
—
(3)
Currency translation effect
(21)
(2)
(5)
(4)
(2)
(34)
Cost at December 31, 2012
575
271
321
154
63
1 384
Accumulated amortization at January 1, 2012
—
(116)
(171)
(105)
(30)
(422)
Accumulated impairment at January 1, 2012
(36)
—
—
—
(1)
(37)
Amortization expense
—
(27)
(36)
(11)
(3)
(77)
Impairment losses
(15)
—
—
—
(2)
(17)
Sales and disposals
—
—
1
12
4
17
Transfers to (from) other accounts
—
—
(8)
—
—
(8)
Currency translation effect
—
1
3
2
2
8
Accumulated amortization at December 31, 2012
—
(142)
(211)
(102)
(28)
(483)
Accumulated impairment at December 31, 2012
(51)
—
—
—
(2)
(53)
Net carrying amount at December 31, 2012
524
129
110
52
33
848
Trade name assets are allocated to the following cash generating units:
December 31,
(in millions of €)
2014
2013
2012
Food Lion
208
184
196
Hannaford
178
156
163
Delhaize America
386
340
359
Serbia
70
84
151
Bulgaria
—
10
14
Southeastern Europe
70
94
165
Total
456
434
524
Amortization expenses are mainly charged to selling, general and administrative expenses.
FINANCIAL STATEMENTS