TomTom Reports Second Quarter 2013 Results

6. Goodwill

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
ordinary shares

      221,940,012       44,388       221,895,012       44,379
 

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