Details of impairment recognised and reversed are as follows:
| (in millions of euros) | Notes | 2021 | 2020 |
|---|---|---|---|
| Impairment of goodwill | Impairment of goodwill Notes10.1 |
Impairment of goodwill 2021- |
Impairment of goodwill 2020(31) |
| Impairment of other intangible assets | Impairment of other intangible assets Notes10.2 |
Impairment of other intangible assets 202159 |
Impairment of other intangible assets 2020(85) |
| Impairment of tangible assets | Impairment of tangible assets Notes10.3-10.5 |
Impairment of tangible assets 2021(712) |
Impairment of tangible assets 2020(683) |
| IMPAIRMENT NET OF REVERSALS | IMPAIRMENT NET OF REVERSALSNotes
|
IMPAIRMENT NET OF REVERSALS2021(653) | IMPAIRMENT NET OF REVERSALS2020(799) |
Impairment recognised at 31 December 2020 amounted to €(799) million and concerned:
Impairment recognised in 2021 amounts to €(653) million. Details are given below.
The following tables present the results of impairment tests carried out on the main goodwill, intangible assets with indefinite useful lives and other Group assets in 2021, and some of the key assumptions used.
No new impairment was recorded on the Group’s goodwill and intangible assets with indefinite useful lives at 31 December 2021.
| Operating segment | Cash-Generating Unit or asset | Net book value (in millions of euros) | WACC after tax | Growth rate to infinity |
Impairment 2021 (in millions of euros) |
|---|---|---|---|---|---|
| United Kingdom* | United Kingdom* Cash-Generating Unit or assetEDF Energy goodwill |
United Kingdom* Net book value (in millions of euros)8,095 |
United Kingdom* WACC after tax5.7% |
United Kingdom* Growth rate to infinity- |
United Kingdom* Impairment 2021 (in millions of euros)- |
| Italy | Italy Cash-Generating Unit or assetEdison brand |
Italy Net book value (in millions of euros)945 |
Italy WACC after tax6% |
Italy Growth rate to infinity1.5% |
Italy Impairment 2021 (in millions of euros)- |
| Framatome | Framatome Cash-Generating Unit or assetFramatome goodwill |
Framatome Net book value (in millions of euros)1,428 |
Framatome WACC after tax5.9% |
Framatome Growth rate to infinity0.5% |
Framatome Impairment 2021 (in millions of euros)- |
Cash-Generating Unit or asset Framatome brand |
Net book value (in millions of euros) 151 |
WACC after tax 5.9% |
Growth rate to infinity 0.5% |
Impairment 2021 (in millions of euros)- |
|
| Dalkia | Dalkia Cash-Generating Unit or assetDalkia goodwill |
Dalkia Net book value (in millions of euros)592 |
Dalkia WACC after tax4.2% |
Dalkia Growth rate to infinity1.5% |
Dalkia Impairment 2021 (in millions of euros)- |
Cash-Generating Unit or asset Dalkia brand |
Net book value (in millions of euros) 130 |
WACC after tax 4.2% |
Growth rate to infinity 1.5% |
Impairment 2021 (in millions of euros)- |
|
| Other impairment | Other impairment Cash-Generating Unit or asset
|
Other impairment Net book value (in millions of euros)
|
Other impairment WACC after tax
|
Other impairment Growth rate to infinity
|
Other impairment Impairment 2021 (in millions of euros)- |
| IMPAIRMENT OF GOODWILL AND INTANGIBLE ASSETS WITH INDEFINITE USEFUL LIVES | IMPAIRMENT OF GOODWILL AND INTANGIBLE ASSETS WITH INDEFINITE USEFUL LIVESCash-Generating Unit or asset - |
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* The impairment test of EDF Energy goodwill covers the useful life of industrial assets, with no projection to infinity.
