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4.1 CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 4. Associates
DANONE
REGISTRATION DOCUMENT 2015
92
Note 4.6. Carrying amount and change during the period
2014
2015
(in € millions)
Notes
Net goodwill
Group's
share in net
assets and
net income
Total Net goodwill
Group's
share in net
assets and
net income
Total
As of January 1
389
644
1,033
1,024
1,123
2,146
Acquisitions, influence
acquired during the year
and capital increase
2.2, 4.3, 4.4
636
421
1,057
280
185
465
Disposals and losses
of influence during the year
4.3
−
−
−
(55)
(29)
(84)
Share of profit of associates
before impact of disposals,
revaluation and other
−
76
76
−
126
126
Dividends paid
−
(19)
(19)
−
(40)
(40)
Translation adjustments
53
−
53
65
105
171
Impairment
4.7
(54)
−
(54)
−
−
−
Adjustment relating
to the 2014 acquisitions
−
−
−
101
(3)
98
As of December 31
1,024
1,123
2,146
1,414
1,468
2,882
Note 4.7. Impairment review of Investments in associates other than Mengniu and Yashili
Measurement review as of December 31, 2015
As a result of the impairment review of other investments in associates, the Group did not recognize any impairment provisions.
Measurement review as of December 31, 2014
Following the review of its other investments in associates, the Group recognized, under the heading Share of profit of associates, an
impairment provision in respect of the shares of some companies in the Fresh Dairy Products and Waters Divisions totaling €54 million.
Note 4.8. Share of profit of associates
Year ended December 31
(in € millions)
Notes
2014
2015
Share of profits of associates before gains (losses)
on disposal, revaluation and other
76
126
Impairment charges
4.7
(54)
−
Gains (losses) on disposals, revaluation and other
(a)
2.2
(8)
(28)
Total
14
99
(a) Comprised the withholding tax applied to the dividends paid by Yakult.
The positive change in Share of profits of associates between 2014 and 2015 reflects the acquisitions during 2014 and 2015 and the impro-
vement in the profits generated by some associates.