| € millions | 31.12.2022 | 31.12.2023 | Changes | 31.12.2024 | ||||
|---|---|---|---|---|---|---|---|---|
| Assets | Liabilities | Assets | Liabilities | Assets | Liabilities | Assets | Liabilities | |
| Temporary differences | ||||||||
| Regulated provisions | — | 5.6 | — | 4.1 | 1.2 | 0.6 | 3.5 | |
| Temporarily non-deductible charges | 100.5 | — | 93.4 | — | 53.2 | 0.5 | 146.1 | |
| Charges deducted (or revenue taxed) for tax purposes but not yet recognised | 4.7 | — | 4.5 | — | 10.7 | 6.3 | ||
| Temporarily non-taxable revenue | — | — | — | — | ||||
| Deductible items | ||||||||
| Tax losses, deferred items | — | — | — | — | ||||
| Potentially taxable items | ||||||||
| Special reserve for long-term capital gains | — | 137.0 | — | 137.0 | 137.0 | |||
These figures factor in the social contribution of 3.3% which is added to corporate income tax, both at normal and reduced rates.
Expenses booked for Research activities in 2024 totalled €1,356.9 million, compared with €1,293.2 million in 2023 and €1,188.3 million in 2022.
| € millions | 31.12.2022 | 31.12.2023 | Acquisitions/ Depreciation/ | Disposals/ Reversals | Other movements | 31.12.2024 |
|---|---|---|---|---|---|---|
| Patents and trademarks(1) |
Patents and trademarks (1)31.12.20221,196.7 |
Patents and trademarks (1)31.12.20231,162.4 |
Patents and trademarks (1)Acquisitions/ Depreciation/80.5 |
Patents and trademarks (1)Disposals/ Reversals(0.1) |
Patents and trademarks (1)Other movements— |
Patents and trademarks (1)31.12.20241,242.9 |
| Business goodwill(2) |
Business goodwill (2)31.12.20223,132.7 |
Business goodwill (2)31.12.20232,487.4 |
Business goodwill (2)Acquisitions/ Depreciation/75.4 |
Business goodwill (2)Disposals/ Reversals— |
Business goodwill (2)Other movements97.5 |
Business goodwill (2)31.12.20242,660.2 |
| Software |
Software 31.12.2022665.0 |
Software 31.12.2023527.1 |
Software Acquisitions/ Depreciation/19.0 |
Software Disposals/ Reversals(10.6) |
Software Other movements131.4 |
Software 31.12.2024666.9 |
| Other intangible assets(3) |
Other intangible assets (3)31.12.2022551.0 |
Other intangible assets (3)31.12.2023525.7 |
Other intangible assets (3)Acquisitions/ Depreciation/— |
Other intangible assets (3)Disposals/ Reversals(58.8) |
Other intangible assets (3)Other movements(97.5) |
Other intangible assets (3)31.12.2024369.4 |
| Intangible assets in progress |
Intangible assets in progress 31.12.2022377.4 |
Intangible assets in progress 31.12.2023520.4 |
Intangible assets in progress Acquisitions/ Depreciation/214.3 |
Intangible assets in progress Disposals/ Reversals— |
Intangible assets in progress Other movements(134.4) |
Intangible assets in progress 31.12.2024600.3 |
| Gross value |
Gross value 31.12.20225,922.6 |
Gross value 31.12.20235,223.0 |
Gross value Acquisitions/ Depreciation/389.2 |
Gross value Disposals/ Reversals(69.5) |
Gross value Other movements(3.0) |
Gross value 31.12.20245,539.7 |
| Patents and trademarks |
Patents and trademarks 31.12.2022210.0 |
Patents and trademarks 31.12.2023214.0 |
Patents and trademarks Acquisitions/ Depreciation/20.0 |
Patents and trademarks Disposals/ Reversals(0.1) |
Patents and trademarks Other movements— |
Patents and trademarks 31.12.2024234.0 |
| Business goodwill |
Business goodwill 31.12.20220.1 |
Business goodwill 31.12.2023— |
Business goodwill Acquisitions/ Depreciation/— |
Business goodwill Disposals/ Reversals— |
Business goodwill Other movements59.0 |
Business goodwill 31.12.202459.1 |
| Software |
Software 31.12.2022491.4 |
Software 31.12.2023380.1 |
Software Acquisitions/ Depreciation/60.0 |
Software Disposals/ Reversals(8.6) |
Software Other movements— |
Software 31.12.2024431.4 |
| Other intangible assets |
Other intangible assets 31.12.202274.8 |
Other intangible assets 31.12.202368.2 |
Other intangible assets Acquisitions/ Depreciation/— |
Other intangible assets Disposals/ Reversals— |
Other intangible assets Other movements(59.0) |
Other intangible assets 31.12.20249.2 |
| Amortisation |
Amortisation 31.12.2022776.3 |
Amortisation 31.12.2023662.4 |
Amortisation Acquisitions/ Depreciation/80.0 |
Amortisation Disposals/ Reversals(8.7) |
Amortisation Other movements— |
Amortisation 31.12.2024733.7 |
| Patents and trademarks |
Patents and trademarks 31.12.202276.1 |
Patents and trademarks 31.12.202377.3 |
Patents and trademarks Acquisitions/ Depreciation/— |
Patents and trademarks Disposals/ Reversals— |
Patents and trademarks Other movements— |
Patents and trademarks 31.12.202477.3 |
| Business goodwill |
Business goodwill 31.12.2022189.3 |
Business goodwill 31.12.2023221.4 |
Business goodwill Acquisitions/ Depreciation/— |
Business goodwill Disposals/ Reversals(58.8) |
Business goodwill Other movements3.6 |
Business goodwill 31.12.2024166.2 |
| Software |
Software 31.12.20221.0 |
Software 31.12.20230.1 |
Software Acquisitions/ Depreciation/— |
Software Disposals/ Reversals— |
Software Other movements— |
Software 31.12.20240.1 |
| Other intangible assets |
Other intangible assets 31.12.20223.6 |
Other intangible assets 31.12.20233.6 |
Other intangible assets Acquisitions/ Depreciation/— |
Other intangible assets Disposals/ Reversals— |
Other intangible assets Other movements(3.6) |
Other intangible assets 31.12.2024— |
| Impairment |
Impairment 31.12.2022269.9 |
Impairment 31.12.2023302.4 |
Impairment Acquisitions/ Depreciation/— |
Impairment Disposals/ Reversals(58.8) |
Impairment Other movements— |
Impairment 31.12.2024243.6 |
| NET VALUE | NET VALUE31.12.20224,876.4 | NET VALUE31.12.20234,258.1 | NET VALUEAcquisitions/ Depreciation/309.2 | NET VALUEDisposals/ Reversals(2.0) | NET VALUEOther movements(3.0) | NET VALUE31.12.20244,562.3 |
