2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

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3CONSOLIDATED FINANCIAL STATEMENTSNotes to the consolidated fi nancial statementsNOTE 13. INTANGIBLE ASSETSNote 13.1. Breakdown€ millionsGross2010 2009 adjustedAmortisationandimpairment Net GrossAmortisationandimpairmentConcessions, trademarks, licences and banners 612 (53) 559 353 (42) 311Lease premiums 227 (2) 225 156 (2) 154Software 343 (216) 128 350 (207) 143Other 272 (34) 238 112 (33) 79INTANGIBLE ASSETS 1,455 (304) 1,150 971 (283) 688NetNote 13.2. Movements for the period€ millionsConcessions,trademarks,licences andbannersLeasepremiums Software Other TotalAt 1 January 2009 333 114 123 112 681Change in scope of consolidation 49 24 8 - 80Increases and separately acquired intangible assets 2 19 23 49 93Intangible assets disposed of during the period (101) (2) (7) 2 (108)Amortisation for the period (continuing operations) (14) - (53) (3) (70)Impairment losses recognised during the period(continuing operations) - - - (1) (2)Translation adjustment 22 2 1 1 26Reclassifications and other movements 22 (2) 49 (80) (12)At 31 December 2009 adjusted 311 154 143 79 688Change in scope of consolidation (1) 192 51 (4) 136 376Increases and separately acquired intangible assets 7 16 11 71 105Intangible assets disposed of during the period - (4) 1 (8) (12)Amortisation for the period (continuing operations) (13) - (62) (7) (82)Impairment losses recognised during the period(continuing operations) (4) - (2) 1 (4)Translation adjustment 56 7 3 10 75Reclassifications and other movements 10 1 39 (44) 5AT 31 DECEMBER 2010 559 225 128 238 1,150(1) See note 3 for main acquisitions.Internally-generated intangible assets represented €13 million in 2010 compared with €9 million in 2009.At 31 December 2010, intangible assets included trademarks and lease premiums with an indefinite useful life for the amount of €552 millionand €225 million respectively. They are allocated to the following groups of CGU:€ millions 2010 2009 adjustedExito 246 243GPA (1) 399 80Distribution Casino France 73 72Franprix-Leader Price 36 36Monoprix 20 16Other 3 5(1) The €319 million increase related to GPA is mainly due to the acquisition of Casas Bahia (see note 3.1).86 Casino Group | Registration Document 2010
CONSOLIDATED FINANCIAL STATEMENTSNotes to the consolidated fi nancial statements3NOTE 14. PROPERTY, PLANT AND EQUIPMENTNote 14.1. Breakdown€ millionsGross2010 2009 adjustedDepreciationandimpairment Net GrossDepreciationandimpairmentLand and land improvements 1,475 (61) 1,413 1,429 (54) 1,375Buildings, fixtures and fittings 3,711 (1,269) 2,442 3,404 (1,133) 2,272Other 5,486 (3,180) 2,305 5,124 (3,021) 2,104PROPERTY, PLANT AND EQUIPMENT 10,672 (4,511) 6,160 9,958 (4,208) 5,751NetNote 14.2. Movements for the period€ millionsLand and landimprovementsBuildings,fixtures andfittings Other TotalAt 1 January 2009 1,349 2,376 2,187 5,912Change in scope of consolidation 32 24 22 78Increases and separately acquired property, plant & equipment 19 98 440 557Property, plant & equipment disposed of during the period (1) (76) (270) (28) (374)Depreciation for the period (continuing operations) (6) (145) (410) (561)Impairment losses recognised during the period(continuing operations) (2) - (5) (22) (27)Translation adjustment 46 134 50 230Reclassifications and other movements 10 61 (134) (63)At 31 December 2009 adjusted 1,375 2,272 2,104 5,751Change in scope of consolidation 5 (30) (12) (37)Increases and separately acquired property, plant & equipment 22 113 685 820Property, plant & equipment disposed of during the period (26) (58) (22) (106)Depreciation for the period (continuing operations) (6) (124) (411) (540)Impairment losses recognised during the period(continuing operations) (2) (6) 1 (7)Translation adjustment 72 190 75 338Reclassifications and other movements (27) 86 (117) (58)AT 31 DECEMBER 2010 1,413 2,442 2,305 6,160(1) In 2009, disposals of buildings, fi xtures and fi ttings stem mainly from the sale of Super de Boer assets for €132 million and sales of store assets for €101 million (principally to the two newproperty mutual funds).(2) The 2009 impairment loss of €27 million corresponds to the results of impairment tests for €4 million and the restructuring of convenience stores and Franprix-Leader Price for €23 million.Property, plant and equipment were tested for impairment at 31 December 2010 using the method described in note 1.5 “Significant AccountingPolicies”. The impact is presented in note 16.Note 14.3. Finance leasesFinance leases on owner-occupied property and investment property break down as follows:2010 2009€ millionsGross Depreciation Net Gross Depreciation NetLand 41 (2) 39 44 (2) 42Buildings 227 (105) 123 226 (102) 124Equipment and other 646 (531) 114 707 (583) 125Investment property 82 (7) 74 82 (6) 76TOTAL 996 (645) 351 1,059 (693) 366Registration Document 2010 | Casino Group87
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Registration Document2010
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KEEPING AHEADIN A CHANGING WORLDCas
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1PRESENTATION OFTHE CASINO GROUP1.1
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PRESENTATION OF THE CASINO GROUPBus
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SCCR/SS/GE/13/3 Prov.page 945. The
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PRESENTATION OF THE CASINO GROUPRea
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2MANAGEMENTREPORTAT 31 DECEMBER 201
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31 DECEMBER 2010Business Review22.1
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31 DECEMBER 2010Business Review22.1
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31 DECEMBER 2010Business Review2Mai
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31 DECEMBER 2010Parent Company Busi
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31 DECEMBER 2010Subsidiaries and As
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31 DECEMBER 2010Subsidiaries and As
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31 DECEMBER 2010Subsequent Events2C
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31 DECEMBER 2010Share Capital and S
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31 DECEMBER 2010Share Capital and S
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5CORPORATEGOVERNANCE5.1. Board of D
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CORPORATE GOVERNANCEBoard of Direct
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CORPORATE GOVERNANCEManagement5Comp
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CORPORATE GOVERNANCEManagement5Exec
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CORPORATE GOVERNANCEChairman’s Re
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CORPORATE GOVERNANCEAppendix: Board
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6GENERALMEETING6.1. Report of the B
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GENERAL MEETINGReport of the Board
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GENERAL MEETINGReport of the Board
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GENERAL MEETINGStatutory Auditors
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GENERAL MEETINGProposed resolutions
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7ADDITIONALINFORMATION7.1. General
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ADDITIONAL INFORMATIONGeneral infor
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ADDITIONAL INFORMATIONGeneral infor
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ADDITIONAL INFORMATIONHistory of th
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ADDITIONAL INFORMATIONThe market fo
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ADDITIONAL INFORMATIONStore network
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ADDITIONAL INFORMATIONPerson respon
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ADDITIONAL INFORMATIONTable of corr
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Investor RelationsNadine COULMAline
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2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

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