2007 REGISTRATION DOCUMENT

CONSOLIDATED FINANCIAL STATEMENTS5Notes to the financial s tatements p repared in accordance with I nternational Financial Reporting S tandards as adopted by the European Union< Contents >5.k PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS USED IN OPERATIONS,INVESTMENT PROPERTYIn millions of eurosGross value31 December 2007 31 December 2006AccumulatedAccumulateddepreciation,depreciation,amortisation and Carryingamortisation Carryingimpairment amount Gross value and impairment amountINVESTMENT PROPERTY 7,738 (1,045) 6,693 6,704 (891) 5,813Land and buildings 5,010 (925) 4,085 5,015 (866) 4,149Equipment, furniture and fi xtures 4,055 (2,465) 1,590 3,614 (2,230) 1,384Plant and equipment leased as lessorunder operating leases 9,367 (3,086) 6,281 8,536 (2,838) 5,698Other property, plant and equipment 1,830 (621) 1,209 1,813 (574) 1,239PROPERTY, PLANT ANDEQUIPMENT 20,262 (7,097) 13,165 18,978 (6,508) 12,470Purchased software 1,505 (1,018) 487 1,452 (939) 513Internally-developed software 1,123 (661) 462 811 (454) 357Other intangible assets 908 (170) 738 943 (244) 699INTANGIBLE ASSETS 3,536 (1,849) 1,687 3,206 (1,637) 1,5691234The main changes in investment property in theYear to 31 December2007 are attributable to the acquisition by Klépierre of shopping centresfor more than EUR 590 million.5.k.1Investment propertyLand and buildings leased by the Group as lessor under operating leases,and land and buildings held as investments in connection with lifeinsurance business, are recorded in “Investment property”.The estimated fair value of investment property accounted for atcost at 31 December 2007 was EUR 12,605 million, compared withEUR 10,157 million at 31 December 2006.5.k.2Intangible assets“Other intangible assets” comprise leasehold rights, goodwill andtrademarks acquired by the Group.5.k.3Depreciation, amortisationand impairmentNet depreciation and amortisation expense for the year ended31 December 2007 was EUR 987 million, compared with EUR 907 millionfor the year ended 31 December 2006.The net increase in impairment losses on property, plant and equipmentand intangible assets taken to the profit and loss account in the yearended 31 December 2007 amounted to EUR 4 million, compared with anet increase of EUR 21 million for the year ended 31 December 2006.5675.l GOODWILLIn millions of euros Year to 31 Dec. 2007 Year to 31 Dec. 2006Gross value at start of period 10,194 8,093Accumulated impairment at start of period (32) (14)Carrying amount at start of period 10,162 8,079Acquisitions 483 2,580Divestments (2) (37)Impairment losses recognised during the period (1) (14)Translation adjustments (475) (448)Subsidiaries previously accounted for by the equity method 64 -Other movements 13 2Gross value at end of period 10,277 10,194Accumulated impairment recognised during the period (33) (32)CARRYING AMOUNT AT END OF PERIOD 10,244 10,1628910112007 Registration document - BNP PARIBAS 163