CeWe Color Holding AG is a Germany-based photofinishing holding company. It provides retail customers with color prints

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CeWe Color Holding AG is a Germany-based photofinishing holding company. It provides retail customers with color prints and offers digital and Internet services. It divides its business activities into the geographical segments Central Europe, Benelux, Western Europe and Central Eastern Europe. From the Notes to the consolidated financial statements (annual report 2011), we extracted the following information (in thousands of E):
CeWe Color Holding AG is a Germany-based photofinishing holding company.

Required
1 From the information given, which is presented in alphabetical order, prepare a statement showing the movements in intangible assets, adapting the format presented in Chapter 7 for tangible assets (see Table 7.17).

CeWe Color Holding AG is a Germany-based photofinishing holding company.

2 Show which figures could be used as €˜check figures€™ or €˜control figures€™ in this exercise.
3 Explain briefly the meaning of each line.

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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