Note 16 - Goodwill
2019 | 2018 | ||
---|---|---|---|
At 1 January | 1 624 | 1 809 | |
Gross amount | 2 668 | 3 050 | |
Accumulated impairment losses | (1 044) | (1 241) | |
Acquisitions(*) | 68 | 175 | |
Goodwill written off following disposal or deconsolidation(**) | (8) | (101) | |
Impairment losses(***) | (26) | (41) | |
Translation adjustments | 28 | 15 | |
Classification within assets held for sale(****) | (126) | (233) | |
Other movements | 4 | - | |
At 31 December | 1 564 | 1 624 | |
Gross amount | 1 943 | 2 668 | |
Accumulated impairment losses | (379) | (1 044) |
(*) Including for 2019: International Duty Free group for €85 million, Hojeij Branded Foods group for €36 million, Gigamic for €8 million, Worthy Book for €6 million, Short Books for €3 million and Nova Veranda for €2 million. Including for 2018: Hojeij Branded Foods group for €152 million, Jessica Kingsley Publishers for €7 million, Summersdale Publishers for €4 million, Skyhigh TV for €4 million and La Plage for €3 million.
(**) Including for 2019: Lagardère Sports Tennis & Golf for €4 million, Mezzo for €2 million and L’Usine for €2 million. Including for 2018: International Radio operations for €50 million, MonDocteur for €38 million and Doctissimo for €13 million.
(***) Including for 2019: Audiovisual Production CGU for €22 million and Labelbox for €4 million. Including for 2018: Lagardère Active Press CGU for €24 million, Newsweb for €9 million, Shopcade for €4 million and International Radio operations for €3 million.
(****) Including for 2019: assets classified as held for sale (see note 4.3): loss in value of Lagardère Sports goodwill for €145 million and of AudiovisualProduction for €22 million.
See note 10 for a breakdown of goodwill by CGU.