Universal Registration Document 2021

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

(in millions of euros)	31/12/2020	Acquisitions	Disposals	Translation adjustments	Changes in scope⁽²⁾	Other movements	31/12/2021
Software	Software 31/12/2020 5,970	Software Acquisitions 897	Software Disposals (83)	Software Translation adjustments 76	Software Changes in scope⁽²⁾ 2	Software Other movements (75)	Software 31/12/2021 6,787
Positive fair value of commodity contracts acquired in a business combination	Positive fair value of commodity contracts acquired in a business combination 31/12/2020 504	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 -	Positive fair value of commodity contracts acquired in a business combination 31/12/2021 504
Greenhouse gas emission rights – green certificates	Greenhouse gas emission rights – green certificates 31/12/2020 769	Greenhouse gas emission rights – green certificates Acquisitions 1,820	Greenhouse gas emission rights – green certificates Disposals (1,732)	Greenhouse gas emission rights – green certificates Translation adjustments 21	Greenhouse gas emission rights – green certificates Changes in scope⁽²⁾ -	Greenhouse gas emission rights – green certificates Other movements 22	Greenhouse gas emission rights – green certificates 31/12/2021 900
Other intangible assets	Other intangible assets 31/12/2020 7,546	Other intangible assets Acquisitions 541	Other intangible assets Disposals (52)	Other intangible assets Translation adjustments 45	Other intangible assets Changes in scope⁽²⁾ 58	Other intangible assets Other movements 14	Other intangible assets 31/12/2021 8,152
Intangible assets in development ⁽¹⁾	Intangible assets in development ⁽¹⁾31/12/2020 1,581	Intangible assets in development ⁽¹⁾Acquisitions 207	Intangible assets in development ⁽¹⁾Disposals (8)	Intangible assets in development ⁽¹⁾Translation adjustments 4	Intangible assets in development ⁽¹⁾Changes in scope⁽²⁾ 11	Intangible assets in development ⁽¹⁾Other movements (2)	Intangible assets in development ⁽¹⁾31/12/2021 1,793
Gross value	Gross value31/12/202016,370	Gross valueAcquisitions3,465	Gross valueDisposals(1,875)	Gross valueTranslation adjustments146	Gross valueChanges in scope⁽²⁾71	Gross valueOther movements(41)	Gross value31/12/202118,136
Software	Software 31/12/2020 (3,569)	Software Acquisitions (756)	Software Disposals 79	Software Translation adjustments (58)	Software Changes in scope⁽²⁾ 5	Software Other movements 17	Software 31/12/2021 (4,282)
Positive fair value of commodity contracts acquired in a business combination	Positive fair value of commodity contracts acquired in a business combination 31/12/2020 (216)	Positive fair value of commodity contracts acquired in a business combination Acquisitions (25)	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 -	Positive fair value of commodity contracts acquired in a business combination 31/12/2021 (241)
Other intangible assets	Other intangible assets 31/12/2020 (3,002)	Other intangible assets Acquisitions (463)	Other intangible assets Disposals 51	Other intangible assets Translation adjustments (32)	Other intangible assets Changes in scope⁽²⁾ 15	Other intangible assets Other movements 39	Other intangible assets 31/12/2021 (3,392)
Accumulated amortisation and impairment	Accumulated amortisation and impairment31/12/2020(6,787)	Accumulated amortisation and impairmentAcquisitions(1,244)	Accumulated amortisation and impairmentDisposals130	Accumulated amortisation and impairmentTranslation adjustments(90)	Accumulated amortisation and impairmentChanges in scope⁽²⁾20	Accumulated amortisation and impairmentOther movements56	Accumulated amortisation and impairment31/12/2021(7,915)
NET VALUE	NET VALUE31/12/20209,583	NET VALUEAcquisitions2,221	NET VALUEDisposals(1,745)	NET VALUETranslation adjustments56	NET VALUEChanges in scope⁽²⁾91	NET VALUEOther movements15	NET VALUE31/12/202110,221

(1) Increases in intangible assets in development are stated net of the effects of newly-commissioned assets. Intangible assets in development are detailed in note 10.6.

(2) Changes in scope essentially comprise EDF Luminus (acquisition of Essent).

The gross value of other intangible assets at 31 December 2021 includes:

the Edison brand and intangible assets related to Edison’s hydropower concessions, amounting to €945 million and €489 million respectively;
the Dalkia brand and intangible assets related to Dalkia’s concession agreements in France, amounting to €130 million and €1,341 million respectively;
the Framatome brand, Framatome’s nuclear technology-related intangible assets and Framatome’s customer contracts, amounting to €151 million, €712 million and €344 million respectively.

Net impairment of €59 million was recorded in respect of other intangible assets in 2021 (€(85) million in 2020).

EDF’s research and development expenses recorded in the income statement total €487 million for 2021 (€518 million in 2020).

Universal Registration Document 2021

6. Financial statements