51 / 168
b) Other intangible assets
(in €’000)
Concessions, patents
and similar rights
Other intangible fixed
assets *
TOTAL
GROSS VALUES AT DECEMBER 31, 2016
61,488
29,988
91,476
Other net changes
5,035
(875)
4,160
Acquisitions
4,197
4,711
8,908
Disposals
(597)
(71)
(668)
Scope changes
(604)
26
(578)
EXCHANGE RATE DIFFERENCES
(26)
(767)
(793)
GROSS VALUES AT DECEMBER 31, 2017
69,493
33,012
102,505
DEPRECIATION AT DECEMBER 31, 2016
53,724
13,927
67,651
Depreciation allowance
3,289
2,928
6,217
Depreciation reversals
(637)
368
(1,005)
Scope changes
(432)
–
(432)
EXCHANGE RATE DIFFERENCES
(21)
(82)
(103)
DEPRECIATION AT DECEMBER 31, 2017
55,923
16,405
72,328
NET VALUES DECEMBER 31, 2017
13,570
16,607
30,177
* Including the Rapid brand.
The Rapid brand was valued when the company was acquired in
August 2000 at its fair value of €8.3 million, based on an independent
valuation. Since 2003, it has been decided to amortize it over a period
of 15 years, given the commercial usage period envisaged to date.
The amounts included in changes in scope can be explained by the
entry of Termax into the Group’s scope on October 31, 2017 and by the
sale of Precimetal Fonderie Précision on February 2, 2017.
2.5.1.2 Tangible assets
a) Tangible assets held in full (including evaluation spreads)
(in €’000)
Land
Buildings
Technical
facilities,
equipment
and tools
Other tangible
assets
Current
assets
TOTAL
GROSS VALUES AT DECEMBER 31, 2016 20,216
207,950 1,001,247
99,756
47,064 1,376,237
Other net changes
1,103
9,502
50,220
(550)
(61,047)
(772)
Acquisitions
140
8,426
43,920
9,583
68,770
130,839
Disposals
(165)
(1,491)
9,553
(1,328)
(3)
(12,540)
Scope changes
(27)
(2,372)
20,009
1,917
121
19,648
EXCHANGE RATE DIFFERENCES
(164)
(3,469)
22,004
(1,212)
(1,493)
(28,342)
GROSS VALUES AT DECEMBER 31, 2017
21,103
218,546
1,083,839
108,166
53,412 1,485,073
DEPRECIATION AT DECEMBER 31, 2016
704
82,795
664,050
63,280
218
811,047
Other net changes
0
(60)
8,319
122
0
8,381
Depreciation allowance
101
10,001
65,669
5,497
0
81,268
Depreciation reversals
(10)
(1,604)
(8,535)
(1,254)
0
(11,403)
Scope changes
0
(2,371)
7,437
1,402
0
6,468
EXCHANGE RATE DIFFERENCES
0
(878)
(11,511)
(990)
(1)
(13,380)
DEPRECIATION AT DECEMBER 31, 2017
795
87,883
725,429
68,057
217
882,381
NET VALUES DECEMBER 31, 2017 20,308
130,663
358,411
40,110
53,196
602,683
The amounts included in changes in scope can be explained by the entry of TERMAX into the Group’s scope on October 31, 2017 and by the sale
of Precimetal Fonderie Précision on February 2, 2017.
51
LISI 2017 FINANCIAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS
3