TomTom Reports Second Quarter 2015 Results

5. 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 Telematics. 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 '15 no impairment charge has been recorded (H1 '14: nil).

6. Shareholders’ equity

                         
     

30 June 2015

   

30 June 2015
(in € thousands)
Unaudited

   

31 Dec 2014

   

31 Dec 2014
(in € thousands)
Audited

                         
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     228,919,020     45,784     223,569,822     44,714
 

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