Details of property, plant and equipment and intangible assets (excluding French electricity distribution concession assets) are as follows:
(in millions of euros) | Notes | 31/12/2020 | Assets in progress* | 31/12/2019 | Assets in progress* |
|---|---|---|---|---|---|
| Goodwill | Goodwill Notes 10.1 | Goodwill 31/12/2020 10,265 | Goodwill Assets in progress* n.a. | Goodwill 31/12/2019 10,623 | Goodwill Assets in progress* n.a. |
| Other intangible assets | Other intangible assets Notes 10.2 | Other intangible assets 31/12/2020 9,583 | Other intangible assets Assets in progress* 1,581 | Other intangible assets 31/12/2019 9,350 | Other intangible assets Assets in progress* 1,415 |
| Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets | Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets Notes 10.3 | Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets 31/12/2020 92,600 | Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets Assets in progress* 39,460 | Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets 31/12/2019 89,099 | Property, plant and equipment used in generation and other tangible assets owned by the Group,including right-of-use assets Assets in progress* 34,755 |
| Right-of-use assets | Right-of-use assets Notes 10.4 | Right-of-use assets 31/12/2020 4,116 | Right-of-use assets Assets in progress* n.a. | Right-of-use assets 31/12/2019 4,333 | Right-of-use assets Assets in progress* n.a. |
| Property, plant and equipment operated under concessions other than French electricity distribution concessions | Property, plant and equipment operated under concessions other than French electricity distribution concessions Notes 10.5 | Property, plant and equipment operated under concessions other than French electricity distribution concessions 31/12/2020 6,858 | Property, plant and equipment operated under concessions other than French electricity distribution concessions Assets in progress* 574 | Property, plant and equipment operated under concessions other than French electricity distribution concessions 31/12/2019 6,860 | Property, plant and equipment operated under concessions other than French electricity distribution concessions Assets in progress* 1,155 |
TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) | TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) Notes
| TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) 31/12/2020 119,306 | TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) Assets in progress* 41,615 | TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) 31/12/2019 115,932 | TOTAL PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS (EXCLUDING FRENCH ELECTRICITY DISTRIBUTION CONCESSION ASSETS) Assets in progress* 37,325 |
* Assets in progress are presented in note 10.6.
n.a.: not applicable.
In application of IFRS 3, “Business combinations”(see note 3), goodwill is the difference between:
When this difference is negative it is immediately included in net income.
The fair values of assets and liabilities and the resulting goodwill are finalised within twelve months of the acquisition.
Goodwill on acquisition of subsidiaries is disclosed separately in the balance sheet. Impairment on this goodwill is reported under the heading“Impairment” in the income statement. After initial recognition, goodwill is carried at cost less any impairment recognised.
Goodwill on acquisition of associates and joint ventures is included in the investment’s net book value. Impairment on this goodwill is included under the heading “Share in income of associates and joint ventures”.
Goodwill is not amortised, but impairment tests are carried out as soon as there is an indication of possible loss of value, and at least annually, as described in note 10.8.
In 2020, goodwill primarily related to Framatome (€1,332 million) and EDF Energy (€7,569 million). The breakdown by operating segment is presented in note 4.1.
Changes in goodwill in 2020 and 2019 were as follows:
| (in millions of euros) | 31/12/2020 | 31/12/2019 |
|---|---|---|
| Net book value at opening date | Net book value at opening date31/12/202010,623 | Net book value at opening date31/12/201910,195 |
| Acquisitions | Acquisitions 31/12/2020139 | Acquisitions 31/12/201966 |
| Disposals | Disposals 31/12/2020- | Disposals 31/12/2019- |
| Impairment (note 10.8) | Impairment (note 10.8) 31/12/2020(31) | Impairment (note 10.8) 31/12/2019(57) |
| Translation adjustments | Translation adjustments 31/12/2020(439) | Translation adjustments 31/12/2019392 |
| Other changes | Other changes 31/12/2020(27) | Other changes 31/12/201927 |
| NET BOOK VALUE AT CLOSING DATE | NET BOOK VALUE AT CLOSING DATE31/12/202010,265 | NET BOOK VALUE AT CLOSING DATE31/12/201910,623 |
| Gross value at closing date | Gross value at closing date 31/12/202011,032 | Gross value at closing date 31/12/201911,418 |
| Accumulated impairment at closing date | Accumulated impairment at closing date 31/12/2020(767) | Accumulated impairment at closing date 31/12/2019(795) |
The changes in goodwill in 2020 primarily related to:
The changes in goodwill in 2019 primarily related to:
