2021 UNIVERSAL REGISTRATION DOCUMENT

€ million 2019	31.12.2018	Acquisitions/Depreciation	Disposals/Reversals	Change in the scope of consolidation⁽²⁾	Other movements⁽¹⁾	31.12.2019
Brands with indefinite useful life⁽²⁾	Brands with indefinite useful life ⁽²⁾31.12.2018 1,906.4	Brands with indefinite useful life ⁽²⁾Acquisitions/Depreciation -	Brands with indefinite useful life ⁽²⁾Disposals/Reversals -	Brands with indefinite useful life ⁽²⁾Change in the scope of consolidation⁽²⁾	Brands with indefinite useful life ⁽²⁾Other movements⁽¹⁾ 37.2	Brands with indefinite useful life ⁽²⁾31.12.2019 1,943.6
Amortisable brands and product ranges	Amortisable brands and product ranges 31.12.2018 101.3	Amortisable brands and product ranges Acquisitions/Depreciation -	Amortisable brands and product ranges Disposals/Reversals -2.8	Amortisable brands and product ranges Change in the scope of consolidation⁽²⁾	Amortisable brands and product ranges Other movements⁽¹⁾ 0.5	Amortisable brands and product ranges 31.12.2019 99.0
Licences and patents	Licences and patents 31.12.2018 579.9	Licences and patents Acquisitions/Depreciation 140.1	Licences and patents Disposals/Reversals -	Licences and patents Change in the scope of consolidation⁽²⁾	Licences and patents Other movements⁽¹⁾ 10.5	Licences and patents 31.12.2019 730.5
Software	Software 31.12.2018 1,380.8	Software Acquisitions/Depreciation 80.4	Software Disposals/Reversals -38.1	Software Change in the scope of consolidation⁽²⁾	Software Other movements⁽¹⁾ 126.5	Software 31.12.2019 1,549.6
Customer relationships	Customer relationships 31.12.2018 605.0	Customer relationships Acquisitions/Depreciation -	Customer relationships Disposals/Reversals -	Customer relationships Change in the scope of consolidation⁽²⁾ 1.3	Customer relationships Other movements⁽¹⁾ 4.4	Customer relationships 31.12.2019 610.8
Key money	Key money 31.12.2018 74.2	Key money Acquisitions/Depreciation -	Key money Disposals/Reversals -	Key money Change in the scope of consolidation⁽²⁾ -	Key money Other movements⁽¹⁾ -74.2	Key money 31.12.2019 -
Others	Others 31.12.2018 197.6	Others Acquisitions/Depreciation 144.9	Others Disposals/Reversals -8.6	Others Change in the scope of consolidation⁽²⁾ -	Others Other movements⁽¹⁾ -94.1	Others 31.12.2019 239.8
Gross value	Gross value31.12.20184,845.1	Gross valueAcquisitions/Depreciation365.4	Gross valueDisposals/Reversals-49.5	Gross valueChange in the scope of consolidation⁽²⁾1.3	Gross valueOther movements⁽¹⁾10.8	Gross value31.12.20195,173.1
Brands with indefinite useful life	Brands with indefinite useful life 31.12.2018 156.1	Brands with indefinite useful life Acquisitions/Depreciation 55.3	Brands with indefinite useful life Disposals/Reversals -	Brands with indefinite useful life Change in the scope of consolidation⁽²⁾	Brands with indefinite useful life Other movements⁽¹⁾ 1.0	Brands with indefinite useful life 31.12.2019 212.4
Amortisable brands and product ranges	Amortisable brands and product ranges 31.12.2018 72.3	Amortisable brands and product ranges Acquisitions/Depreciation 3.5	Amortisable brands and product ranges Disposals/Reversals -0.9	Amortisable brands and product ranges Change in the scope of consolidation⁽²⁾	Amortisable brands and product ranges Other movements⁽¹⁾ 0.3	Amortisable brands and product ranges 31.12.2019 75.2
Licences and patents	Licences and patents 31.12.2018 163.7	Licences and patents Acquisitions/Depreciation 8.7	Licences and patents Disposals/Reversals -	Licences and patents Change in the scope of consolidation⁽²⁾	Licences and patents Other movements⁽¹⁾ 0.5	Licences and patents 31.12.2019 172.9
Software	Software 31.12.2018 936.5	Software Acquisitions/Depreciation 157.0	Software Disposals/Reversals -38.0	Software Change in the scope of consolidation⁽²⁾	Software Other movements⁽¹⁾ 10.6	Software 31.12.2019 1,066.1
Customer relationships	Customer relationships 31.12.2018 404.2	Customer relationships Acquisitions/Depreciation 48.2	Customer relationships Disposals/Reversals -	Customer relationships Change in the scope of consolidation⁽²⁾	Customer relationships Other movements⁽¹⁾ 6.3	Customer relationships 31.12.2019 458.7
Key money	Key money 31.12.2018 14.1	Key money Acquisitions/Depreciation	Key money Disposals/Reversals	Key money Change in the scope of consolidation⁽²⁾	Key money Other movements⁽¹⁾ -14.1	Key money 31.12.2019 -
Others	Others 31.12.2018 10.8	Others Acquisitions/Depreciation 10.2	Others Disposals/Reversals -4.8	Others Change in the scope of consolidation⁽²⁾	Others Other movements⁽¹⁾ 7.9	Others 31.12.2019 24.1
Depreciation and provisions	Depreciation and provisions31.12.20181,757.8	Depreciation and provisionsAcquisitions/Depreciation282.9	Depreciation and provisionsDisposals/Reversals-43.7	Depreciation and provisionsChange in the scope of consolidation⁽²⁾-	Depreciation and provisionsOther movements⁽¹⁾12.4	Depreciation and provisions31.12.20192,009.4
OTHER INTANGIBLE ASSETS – NET	OTHER INTANGIBLE ASSETS – NET31.12.20183,087.3	OTHER INTANGIBLE ASSETS – NETAcquisitions/Depreciation82.5	OTHER INTANGIBLE ASSETS – NETDisposals/Reversals-5.8	OTHER INTANGIBLE ASSETS – NETChange in the scope of consolidation⁽²⁾1.3	OTHER INTANGIBLE ASSETS – NETOther movements⁽¹⁾-1.6	OTHER INTANGIBLE ASSETS – NET31.12.2019 3,163.8

(1) Other movements mainly include the reclassification of €60.1 million in key money to right-of-use assets on 1 January 2019, which was offset by the final granting of the acquisition of Logocos purchased in 2018. The Group allocated €14.5 million to the brands with an indefinite useful life span line and €9.9 million to the Licences and patents line. Lastly, there was a €31.3 million positive change in exchange rates over the period.

(2) At end-2019, the gross value of brands with an indefinite useful life span breaks down as follows:

This graph represents the brands with an indefinite life, which break down as follows in gross value at the end of 2019

Matrix : 314.3,

IT Cosmetics : 213.6,

Cerave : 181.9,

Kiehl's : 138.8,

Magic : 126.8,

Shu Uemura : 111.7,

NYX Professional Makeup : 100.7,

Clarisonic : 97.3,

Urban Decay : 81.8,

Others : 576.6,

Total : 1,943.6.

2021 UNIVERSAL REGISTRATION DOCUMENT

5. 2021 Consolidated financial statements

This graph represents the brands with an indefinite life, which break down as follows in gross value at the end of 2019