This item covers all external expenses other than production and media buying when the Group acts as agent, and includes in particular:
It also includes IT costs, taxes (except corporate income taxes), duties and similar payments, and increases and reversals of provisions.
| (in millions of euros) | June 30, 2025 (6 months) | June 30, 2024 (6 months) |
|---|---|---|
| Amortization of other intangible assets (excluding intangibles arising from acquisitions) | Amortization of other intangible assets (excluding intangibles arising from acquisitions) June 30, 2025 (6 months) (36) |
Amortization of other intangible assets (excluding intangibles arising from acquisitions) June 30, 2024 (6 months) (24) |
| Depreciation of property, plant and equipment | Depreciation of property, plant and equipment June 30, 2025 (6 months) (65) |
Depreciation of property, plant and equipment June 30, 2024 (6 months) (66) |
| Depreciation of right-of-use assets | Depreciation of right-of-use assets June 30, 2025 (6 months) (158) |
Depreciation of right-of-use assets June 30, 2024 (6 months) (151) |
| Depreciation and amortization expense (excluding intangibles from acquisitions) | Depreciation and amortization expense (excluding intangibles from acquisitions) June 30, 2025 (6 months) (259) |
Depreciation and amortization expense (excluding intangibles from acquisitions) June 30, 2024 (6 months) (241) |
| Amortization of intangibles from acquisitions | Amortization of intangibles from acquisitions June 30, 2025 (6 months) (106) |
Amortization of intangibles from acquisitions June 30, 2024 (6 months) (123) |
| Impairment losses on real estate contracts | Impairment losses on real estate contracts June 30, 2025 (6 months) (35) |
Impairment losses on real estate contracts June 30, 2024 (6 months) (42) |
| Impairment loss on intangible asset | Impairment loss on intangible asset June 30, 2025 (6 months) – |
Impairment loss on intangible asset June 30, 2024 (6 months) (3) |
| Impairment losses | Impairment losses June 30, 2025 (6 months) (35) |
Impairment losses June 30, 2024 (6 months) (45) |
| Total depreciation, amortization and impairment losses | Total depreciation, amortization and impairment losses June 30, 2025 (6 months) (400) |
Total depreciation, amortization and impairment losses June 30, 2024 (6 months) (409) |
No impairment loss indicator was identified, and no impairment test was performed. For more information, see note 2.
As part of the program to optimize premises, aiming to consolidate the agencies on one or more sites in the main countries, it was decided to empty leased space. Consequently, right-of-use assets concerning the empty spaces were subject to total or partial impairment loss, and likewise concerning the fixtures in these spaces.
Impairment losses in the first half of 2025 of euro 35 million recognize (euro 26 million net of tax), including euro 24 million for right-of-use assets and euro 7 million for fixtures. Accrued expenses such as facility management expenses and any taxes on vacant properties in the amount of euro 4 million are included in provisions for vacant property (see note 14).
Impairment losses in the first half of 2024 of euro 42 million had been recognized (euro 32 million net of tax), including euro 20 million for right-of-use assets, euro 17 million for sub-leasing receivables and euro 5 million for fixtures. Accrued expenses such as facility management expenses and any taxes on vacant properties in the amount of euro 17 million were included in provisions for vacant property (see note 14).
