42
I LISI FINANCIALREPORT2013
CONSOLIDATEDFINANCIALSTATEMENTS
3
Portfolioof foreignexchangederivatives
Theportfolioof foreignexchangederivatives isbrokendownas follows:
12/31/2013
12/31/2012
Fair
value
(1)
Notional
amount
(2)
< 1 year between
1 and
5years
more
than
5years
Fair
value
(1)
Notional
amount
(2)
< 1 year between
1 and
5years
more
than
5years
LongpositionofGBP
againstEUR
0.1
4.2
4.2
0.0
0.0
1.3
18.0
18.0
0.0
0.0
LongpositionofGBP
againstUSD
0.9
17.1
17.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
LongpositionofCAD
againstUSD
-0.4
48.1
28.6
19.5
0.0
0.2
17.7
17.7
0.0
0.0
LongpositionofTRY
againstEUR
-2.1
25.5
25.5
0.0
0.0
0.2
18.2
18.2
0.0
0.0
LongpositionofPLN
againstUSD
0.3
13.2
13.2
0.0
0.0
0.3
26.4
13.2
13.2
0.0
LongpositionofCZK
againstEUR
-0.1
192.0
192.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
ShortpositionofUSD
againstEUR
2.1
27.5
10.0
12.5
5.0
1.9
39.5
12.0
22.5
5.0
TOTAL
0.8
3.85
(1)Fairvalueamountsareexpressed inmillionsofeuros.
(2)Maximumnotionalamountsareexpressed inmillionsofcurrencies.
2.5
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DETAILOFBALANCESHEET ITEMS
2.5.1Non-currentassets
2.5.1.1 Intangibleassets
a)Goodwill
(in€'000)
Goodwill
GrossgoodwillatDecember31,2012
182,012
ImpairmentatDecember31,2012
(3,400)
NetgoodwillatDecember31,2012
178,612
Increase
770
Decrease
0
Changes in foreignexchange rates
(1,608)
GrossgoodwillatDecember31,2013
177,774
ImpairmentatDecember31,2013
(3,006)
NetgoodwillatDecember31,2013
174,768
The increase of €770,000 concerns the acquisition of the assets of a
business intheLISIMEDICALDivision inApril2013.
Changes in currency exchange rate only concern LISI AEROSPACE and
result fromtranslationdifferentialsonthedollar.
The lossofvalueof€3,006,000recognizedatDecember31,2013concerns
the USA CGU of the LISI AEROSPACEDivision following the transfer of
assets from the former RacingUSAbusiness toother companies of the
Group foravalueof lessthanthenetbookvalue .
