2019 Annual financial report

Note 23 Leases

Analysis of right-of-use assets by category of underlying assets

(in millions of euros)	Real Estate	Concession agreements	Other assets	Total
Gross value at January 1, 2019	Gross value at January 1, 2019 Real Estate 1,816	Gross value at January 1, 2019 Concession agreements 246	Gross value at January 1, 2019 Other assets 23	Gross value at January 1, 2019 Total 2,086
Addition of assets	Addition of assets Real Estate 543(1)	Addition of assets Concession agreements 64	Addition of assets Other assets -	Addition of assets Total 607
Terminations or end of contracts	Terminations or end of contracts Real Estate (130)	Terminations or end of contracts Concession agreements (5)	Terminations or end of contracts Other assets (8)	Terminations or end of contracts Total (143)
Changes to consolidation scope	Changes to consolidation scope Real Estate 215	Changes to consolidation scope Concession agreements -	Changes to consolidation scope Other assets 29	Changes to consolidation scope Total 244
Translation adjustments and other	Translation adjustments and other Real Estate 45	Translation adjustments and other Concession agreements -	Translation adjustments and other Other assets 1	Translation adjustments and other Total 46
Accumulated Depreciation & Amortization at January 1, 2019	Accumulated Depreciation & Amortization at January 1, 2019 Real Estate 2,489	Accumulated Depreciation & Amortization at January 1, 2019 Concession agreements 305	Accumulated Depreciation & Amortization at January 1, 2019 Other assets 45	Accumulated Depreciation & Amortization at January 1, 2019 Total 2,839
Depreciation & Amortization	Depreciation & Amortization Real Estate (242)	Depreciation & Amortization Concession agreements (103)	Depreciation & Amortization Other assets (8)	Depreciation & Amortization Total (354)
Impairment loss	Impairment loss Real Estate (288)	Impairment loss Concession agreements (104)	Impairment loss Other assets (12)	Impairment loss Total (404)
Impairment loss	Impairment loss Real Estate (56)	Impairment loss Concession agreements -	Impairment loss Other assets -	Impairment loss Total (56)
Terminations or end of contracts	Terminations or end of contracts Real Estate 88	Terminations or end of contracts Concession agreements 10	Terminations or end of contracts Other assets 3	Terminations or end of contracts Total 101
Changes to consolidation scope	Changes to consolidation scope Real Estate 0	Changes to consolidation scope Concession agreements -	Changes to consolidation scope Other assets -	Changes to consolidation scope Total 0
Translation adjustments and other	Translation adjustments and other Real Estate (5)	Translation adjustments and other Concession agreements -	Translation adjustments and other Other assets -	Translation adjustments and other Total (5)
Accumulated Depreciation & Amortization at December 31, 2019	Accumulated Depreciation & Amortization at December 31, 2019 Real Estate (503)	Accumulated Depreciation & Amortization at December 31, 2019 Concession agreements (197)	Accumulated Depreciation & Amortization at December 31, 2019 Other assets (17)	Accumulated Depreciation & Amortization at December 31, 2019 Total (717)
Net value at December 31, 2019	Net value at December 31, 2019 Real Estate 1,986	Net value at December 31, 2019 Concession agreements 108	Net value at December 31, 2019 Other assets 28	Net value at December 31, 2019 Total 2,122

(1) Additions to assets included, in particular, euro 327 million under the real estate program in New York.

Analysis of maturities of lease liabilities

/ At December 31, 2019

(in millions of euros)	Maturity
(in millions of euros)	Total	-1 year	1-2 years	2-3 years	3-4 years	+4 years
(in millions of euros) Lease obligations	Maturity 2,532	391	344	307	264	1,226

For 2019, the interest expense for lease liabilities was euro 70 million.
For 2018, the interest expense on lease liabilities was euro 58 million.