2021 UNIVERSAL REGISTRATION DOCUMENT

General and financial elements

H. Other balance sheet items and business-related commitments

17. Other intangible assets and property, plant and equipment

17.1 Other intangible assets

Accounting policies

Other intangible assets are measured at cost less amortisation and any cumulative impairment losses.

They include mainly:

  • Rights to operate owned airports. Since those rights are analogous to a perpetual licence, in accordance with IAS 38 “Intangible assets” they are not amortised. They are tested for impairment annually or whenever there is an indication that an asset may be impaired.
  • Quarrying rights, which are amortised as materials are extracted (volumes extracted during the period are compared with the estimated total volume of deposits to be extracted from the quarry over its useful life) in order to reflect the decline in value due to depletion.
  • Other intangible assets, which are amortised on a straight-line basis over their useful life.
(in € millions) Patents and licences Software Other intangible assets Total
Gross Gross

Patents and licences

 

Gross

Software

 

Gross

Other intangible assets

 

GrossTotal

 

31/12/2020 31/12/2020

Patents and licences

246
31/12/2020

Software

549
31/12/2020

Other intangible assets

6,683
31/12/2020Total7,478
Acquisitions as part of business combinations (*)

Acquisitions as part of business combinations

(*)

Patents and licences

13

Acquisitions as part of business combinations

(*)

Software

29

Acquisitions as part of business combinations

(*)

Other intangible assets

271

Acquisitions as part of business combinations

(*)
Total

313

Other acquisitions during period

Other acquisitions during period

Patents and licences

1

Other acquisitions during period

Software

57

Other acquisitions during period

Other intangible assets

35

Other acquisitions during period

Total

93

Disposals during period

Disposals during period

Patents and licences

(6)

Disposals during period

Software

(41)

Disposals during period

Other intangible assets

(2)

Disposals during period

Total

(49)

Currency translation differences

Currency translation differences

Patents and licences

2

Currency translation differences

Software

4

Currency translation differences

Other intangible assets

451

Currency translation differences

Total

457

Changes in scope and other

Changes in scope and other

Patents and licences

-

Changes in scope and other

Software

106

Changes in scope and other

Other intangible assets

(38)

Changes in scope and other

Total

68

31/12/2021 31/12/2021

Patents and licences

256
31/12/2021

Software

704
31/12/2021

Other intangible assets

7,400
31/12/2021Total8,359
   

Patents and licences

 
 

Software

 
 

Other intangible assets

 
 Total 
Amortisation and impairment losses Amortisation and impairment losses

Patents and licences

 

Amortisation and impairment losses

Software

 

Amortisation and impairment losses

Other intangible assets

 

Amortisation and impairment lossesTotal

 

31/12/2020 31/12/2020

Patents and licences

(42)
31/12/2020

Software

(459)
31/12/2020

Other intangible assets

(130)
31/12/2020Total(632)
Amortisation during period

Amortisation during period

Patents and licences

(2)

Amortisation during period

Software

(70)

Amortisation during period

Other intangible assets

(13)

Amortisation during period

Total

(85)

Impairment losses

Impairment losses

Patents and licences

-

Impairment losses

Software

(17)

Impairment losses

Other intangible assets

(6)

Impairment losses

Total

(23)

Reversals of impairment losses

Reversals of impairment losses

Patents and licences

-

Reversals of impairment losses

Software

-

Reversals of impairment losses

Other intangible assets

4

Reversals of impairment losses

Total

4

Disposals during period

Disposals during period

Patents and licences

5

Disposals during period

Software

40

Disposals during period

Other intangible assets

2

Disposals during period

Total

48

Currency translation differences

Currency translation differences

Patents and licences

-

Currency translation differences

Software

(2)

Currency translation differences

Other intangible assets

(3)

Currency translation differences

Total

(5)

Changes in consolidation scope (*) Changes in consolidation scope (*)

Patents and licences

(11)

Changes in consolidation scope (*)

Software

(21)

Changes in consolidation scope (*)

Other intangible assets

(48)

Changes in consolidation scope (*)Total

(81)

Other movements

Other movements

Patents and licences

-

Other movements

Software

-

Other movements

Other intangible assets

-

Other movements

Total

-

31/12/2021 31/12/2021

Patents and licences

(50)
31/12/2021

Software

(530)
31/12/2021

Other intangible assets

(194)
31/12/2021Total(773)
   

Patents and licences

 
 

Software

 
 

Other intangible assets

 
 Total 
Net Net

Patents and licences

 

Net

Software

 

Net

Other intangible assets

 

NetTotal

 

31/12/2020 31/12/2020

Patents and licences

203
31/12/2020

Software

89
31/12/2020

Other intangible assets

6,553
31/12/2020Total6,846
31/12/2021 31/12/2021

Patents and licences

206
31/12/2021

Software

174
31/12/2021

Other intangible assets

7,206
31/12/2021Total7,586

(*) Including the intangible assets of Cobra IS.

At 31 December 2021, the net value of other intangible assets was €7,586 million (€6,846 million at 31 December 2020). This amount includes the right to operate London Gatwick airport for €6,591 million. The main changes of the year resulted from the acquisition of Cobra IS and the appreciation of sterling against the euro in 2021. 

Amortisation recognised during the period totalled €85 million (€65 million in 2020).