Goodwill is allocated to operating segments identified according to the core business activities as monitored by management. Within TomTom we have identified four operating segments being Consumer, Automotive, Licensing and Business Solutions. The recoverable amount of an operating segment is based on the higher of “value in use” or “fair value less cost to sell” calculations. The “fair value less cost to sell” resulted in a higher recoverable amount.
In H1 2013 no impairment charge has been recorded (H1 2012: nil).
7. Shareholders’ equity
| 30 June 2013 |
30 June 2013
(in € thousands) |
31 Dec 2012 |
31 Dec 2012
(in € thousands) |
|||||||||||||
| Ordinary shares | 600,000,000 | 120,000 | 600,000,000 | 120,000 | ||||||||||||
| Preferred shares | 300,000,000 | 60,000 | 300,000,000 | 60,000 | ||||||||||||
| Total authorised | 900,000,000 | 180,000 | 900,000,000 | 180,000 | ||||||||||||
|
Issued and fully paid
|
221,940,012 | 44,388 | 221,895,012 | 44,379 | ||||||||||||
