Developed
Software
Favorable
Lease
Rights
Developed
Software
Favorable
Lease
Rights
FINANCIAL STATEMENTS
(in millions of
Trade
Names
Purchased
Software
Other
Total
Cost at January 1, 2013
575
271
321
154
63
1 384
Additions
36
32
11
79
Sales and disposals
(1)
(2)
(16)
(3)
(22)
Transfers (to) from other accounts
(12)
21
(8)
1
Classified as held for sale
(38)
(1)
(10)
(6)
(55)
Currency translation effect
(18)
(4)
(12)
(6)
(2)
(42)
Cost at December 31, 2013
519
290
359
122
55
1 345
Accumulated amortization at January 1, 2013
(142)
(211)
(102)
(28)
(483)
Accumulated impairment at January 1, 2013
(51)
(2)
(53)
Amortization expense
(33)
(41)
(9)
(4)
(87)
Impairment losses
(71)
(1)
(72)
Sales and disposals
2
15
1
18
Transfers to (from) other accounts
(1)
(1)
2
Classified as held for sale
34
1
7
3
45
Currency translation effect
3
4
8
4
19
Accumulated amortization at December 31, 2013
(171)
(242)
(86)
(27)
(526)
Accumulated impairment at December 31, 2013
(85)
(2)
(87)
Net carrying amount at December 31, 2013
434
119
117
36
26
732
(in millions of
Trade
Names
Purchased
Software
Other
Total
Cost at January 1, 2012
599
222
281
170
65
1 337
Additions
71
17
4
92
Sales and disposals
(2)
(12)
(4)
(18)
Transfers (to) from other accounts
(20)
30
10
Classified as held for sale
(3)
(3)
Currency translation effect
(21)
(2)
(5)
(4)
(2)
(34)
Cost at December 31, 2012
575
271
321
154
63
1 384
Accumulated amortization at January 1, 2012
(116)
(171)
(105)
(30)
(422)
Accumulated impairment at January 1, 2012
(36)
(1)
(37)
Amortization expense
(27)
(36)
(11)
(3)
(77)
Impairment losses
(15)
(2)
(17)
Sales and disposals
1
12
4
17
Transfers to (from) other accounts
(8)
(8)
Currency translation effect
1
3
2
2
8
Accumulated amortization at December 31, 2012
(142)
(211)
(102)
(28)
(483)
Accumulated impairment at December 31, 2012
(51)
(2)
(53)
Net carrying amount at December 31, 2012
524
129
110
52
33
848
Trade name assets are allocated to the following cash generating units:
December 31,
(in millions of
2014
2013
2012
Food Lion
208
184
196
Hannaford
178
156
163
Delhaize America
386
340
359
Serbia
70
84
151
Bulgaria
10
14
Southeastern Europe
70
94
165
Total
456
434
524
Amortization expenses are mainly charged to selling, general and administrative expenses.
