6. Financial statements

21.2 Goodwill by operating segment

The breakdown of goodwill between the new segments as presented in note 6.1 is as follows:

(in millions of euros)31/12/201931/12/2018
France – Generation and Supply

France – Generation and Supply

31/12/2019

72

France – Generation and Supply

31/12/2018

53

France – Regulated activities

France – Regulated activities

31/12/2019

223

France – Regulated activities

31/12/2018

223

Framatome

Framatome

31/12/2019

1,341

Framatome

31/12/2018

1,317

United Kingdom (EDF Energy)

United Kingdom (EDF Energy)

31/12/2019

7,965

United Kingdom (EDF Energy)

31/12/2018

7,578

Italy

Italy

31/12/2019

104

Italy

31/12/2018

108

Other international

Other international

31/12/2019

33

Other international

31/12/2018

20

Dalkia

Dalkia

31/12/2019

544

Dalkia

31/12/2018

548

EDF Renewables

EDF Renewables

31/12/2019

199

EDF Renewables

31/12/2018

206

Other activities

Other activities

31/12/2019

142

Other activities

31/12/2018

142

GROUP TOTAL

GROUP TOTAL

31/12/2019

10,623

GROUP TOTAL

31/12/2018

10,195

Note 22 Other intangible assets

The net value of other intangible assets breaks down as follows:

(in millions of euros)31/12/2018AcquisitionsDisposalsTranslation adjustmentsChanges in scope(2)Other movements31/12/2019
Software

Software

31/12/2018

4,664

Software

Acquisitions

726

Software

Disposals

(93)

Software

Translation adjustments

50

Software

Changes in scope

(2)

(42)

Software

Other movements

(10)

Software

31/12/2019

5,295

Positive fair value of commodity contracts acquired in a business combination

Positive fair value of commodity contracts acquired in a business combination

31/12/2018

581

Positive fair value of commodity contracts acquired in a business combination

Acquisitions

-

Positive fair value of commodity contracts acquired in a business combination

Disposals

-

Positive fair value of commodity contracts acquired in a business combination

Translation adjustments

-

Positive fair value of commodity contracts acquired in a business combination

Changes in scope

(2)

-

Positive fair value of commodity contracts acquired in a business combination

Other movements

(77)

Positive fair value of commodity contracts acquired in a business combination

31/12/2019

504

Greenhouse gas emission rights – green certificates

Greenhouse gas emission rights – green certificates

31/12/2018

501

Greenhouse gas emission rights – green certificates

Acquisitions

1,400

Greenhouse gas emission rights – green certificates

Disposals

(1,436)

Greenhouse gas emission rights – green certificates

Translation adjustments

11

Greenhouse gas emission rights – green certificates

Changes in scope

(2)

-

Greenhouse gas emission rights – green certificates

Other movements

(2)

Greenhouse gas emission rights – green certificates

31/12/2019

474

Other intangible assets

Other intangible assets

31/12/2018

8,720

Other intangible assets

Acquisitions

460

Other intangible assets

Disposals

(15)

Other intangible assets

Translation adjustments

37

Other intangible assets

Changes in scope

(2)

(1,195)

Other intangible assets

Other movements

(88)

Other intangible assets

31/12/2019

7,919

Intangible assets in development(1)

Intangible assets in development

(1)

31/12/2018

1,233

Intangible assets in development

(1)

Acquisitions

183

Intangible assets in development

(1)

Disposals

(10)

Intangible assets in development

(1)

Translation adjustments

8

Intangible assets in development

(1)

Changes in scope

(2)

(10)

Intangible assets in development

(1)

Other movements

11

Intangible assets in development

(1)

31/12/2019

1,415

Gross value

Gross value

31/12/2018

15,699

Gross value

Acquisitions

2,769

Gross value

Disposals

(1,554)

Gross value

Translation adjustments

106

Gross value

Changes in scope

(2)

(1,247)

Gross value

Other movements

(166)

Gross value

31/12/2019

15,607

Software

Software

31/12/2018

(2,417)

Software

Acquisitions

(656)

Software

Disposals

92

Software

Translation adjustments

(36)

Software

Changes in scope

(2)

41

Software

Other movements

13

Software

31/12/2019

(2,963)

Positive fair value of commodity contracts acquired in a business combination

Positive fair value of commodity contracts acquired in a business combination

31/12/2018

(233)

Positive fair value of commodity contracts acquired in a business combination

Acquisitions

(35)

Positive fair value of commodity contracts acquired in a business combination

Disposals

-

Positive fair value of commodity contracts acquired in a business combination

Translation adjustments

-

Positive fair value of commodity contracts acquired in a business combination

Changes in scope

(2)

-

Positive fair value of commodity contracts acquired in a business combination

Other movements

77

Positive fair value of commodity contracts acquired in a business combination

31/12/2019

(191)

Other intangible assets

Other intangible assets

31/12/2018

(3,131)

Other intangible assets

Acquisitions

(446)

Other intangible assets

Disposals

11

Other intangible assets

Translation adjustments

(18)

Other intangible assets

Changes in scope

(2)

475

Other intangible assets

Other movements

6

Other intangible assets

31/12/2019

(3,103)

Accumulated amortisation and impairment

Accumulated amortisation and impairment

31/12/2018

(5,781)

Accumulated amortisation and impairment

Acquisitions

(1,137)

Accumulated amortisation and impairment

Disposals

103

Accumulated amortisation and impairment

Translation adjustments

(54)

Accumulated amortisation and impairment

Changes in scope

(2)

516

Accumulated amortisation and impairment

Other movements

96

Accumulated amortisation and impairment

31/12/2019

(6,257)

NET VALUE

NET VALUE

31/12/2018

9,918

NET VALUE

Acquisitions

1,632

NET VALUE

Disposals

(1,451)

NET VALUE

Translation adjustments

52

NET VALUE

Changes in scope

(2)

(731)

NET VALUE

Other movements

(70)

NET VALUE

31/12/2019

9,350

(1) Increases in intangible assets in development are presented net of the effect of commissioning new assets.
(2) Changes in scope essentially concern the reclassification of E&P concession assets as assets held for sale, and the sale of NnG (see note 3.4.5).

The gross value of other intangible assets at 31 December 2019 includes:

  • the Edison brand and intangible assets related to Edison’s hydropower concessions, amounting to €945 million and €729 million respectively;
  • the Dalkia brand and intangible assets related to Dalkia’s concession agreements in France, amounting to €130 million and €1,120 million respectively;
  • the Framatome brand, Framatome’s nuclear technology-related intangible assets and Framatome’s customer contracts, amounting to €151 million, €777 million and €344 million respectively.

Intangible assets in development include studies currently in process for the EPR 2 project, amounting to €414 million.

Impairment of €(47) million was recorded in respect of other intangible assets in 2019 (€(52) million in 2018).

EDF’s research and development expenses recorded in the income statement total €523 million for 2019 (€510 million in 2018).