Intangible assets with a finite useful life | ||||
|---|---|---|---|---|
(in millions of euros) | Client relationships | Software, technology and other | Brands | Total intangible assets |
Gross value at January 1, 2019 | Gross value at January 1, 2019 Intangible assets with a finite useful life 1,115 | Gross value at January 1, 2019
380 | 964 | 2,459 |
Acquisitions | Acquisitions Intangible assets with a finite useful life 499 | Acquisitions
577 | - | 1 076 |
Change in scope | Change in scope Intangible assets with a finite useful life - | Change in scope
85 | - | 85 |
Disposals | Disposals Intangible assets with a finite useful life - | Disposals
(10) | - | (10) |
Translation adjustments and other | Translation adjustments and other Intangible assets with a finite useful life 23 | Translation adjustments and other
14 | 20 | 57 |
Gross value at December 31, 2019 | Gross value at December 31, 2019 Intangible assets with a finite useful life 1,637 | Gross value at December 31, 2019
1,046 | 984 | 3,667 |
Acquisitions | Acquisitions Intangible assets with a finite useful life - | Acquisitions
76 | - | 76 |
Disposals | Disposals Intangible assets with a finite useful life - | Disposals
(63) | - | (63) |
Translation adjustments and other | Translation adjustments and other Intangible assets with a finite useful life (122) | Translation adjustments and other
(87) | (82) | (291) |
Gross value at December 31, 2020 | Gross value at December 31, 2020 Intangible assets with a finite useful life 1,515 | Gross value at December 31, 2020
972 | 902 | 3,389 |
Accumulated amortization at December 31, 2019 | Accumulated amortization at December 31, 2019 Intangible assets with a finite useful life (972) | Accumulated amortization at December 31, 2019
(437) | (279) | (1,688) |
Amortization | Amortization Intangible assets with a finite useful life (152) | Amortization
(150) | (92) | (394) |
Disposals | Disposals Intangible assets with a finite useful life - | Disposals
56 | - | 56 |
Translation adjustments and other | Translation adjustments and other Intangible assets with a finite useful life 78 | Translation adjustments and other
39 | 29 | 146 |
Accumulated amortization at December 31, 2020 | Accumulated amortization at December 31, 2020 Intangible assets with a finite useful life (1,046) | Accumulated amortization at December 31, 2020
(492) | (342) | (1,880) |
Net value at December 31, 2020 | Net value at December 31, 2020 Intangible assets with a finite useful life 469 | Net value at December 31, 2020
480 | 560 | 1,509 |
Valuation tests carried out by an independent expert at the end of the 2020 financial year resulted in the Groupe reviewing the amortization periods for certain customer relations (see Note 6).
In 2019, valuation tests carried out by an independent expert resulted in the Groupe recognizing impairment losses of euro 42 million in 2019 (see Note 6).
