Annual Report and Consolidated Accounts 2015
Goodwill allocation considering subsidiaries acquisition is made as follows:
CFU
Segment
Lurca
Counters
Vidisco
Restaurants
Iberusa
58% Restaurants, 17% Counters e 25% Concessions and Catering
QRM (catering)
Concessions and Catering
Iberking
Counters
Gravos
unallocated
Angola
Counters
Based on the Discounted Cash Flow (DCF) meth-
od, use value evaluations were made that sustain
the recoverability of Goodwill.
With the same assumptions of the discount rate
and growth (note 8) the impairment test are sus-
tained by historical performance, the develop-
ment expectations of the markets and the stra-
tegic development plans of each business.
With a reasonable change in key assumptions,
impairment tests did not reveal evidence of im-
pairment losses therefore sensitivity analyzes
were not performed for goodwill.
10. FINANCIAL INVESTMENTS
The details on financial investments on 31 December 2015 and 2014 are as follows:
Dec. 2015
Dec. 2014
Financial investments:
Financial investments - joint controlled subsidiaries (2)
2.417.891
2.448.856
Other financial investments (1)
402.591
370.058
2.820.482
2.818.914
Accumulated impairment losses
-
-
2.820.482
2.818.914
(1) Other financial investments concern investments (bellow 20%) in non listed companies.
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