ISRAEL CHEMICALS LTD | CIK:0000941221 | 3

  • Filed: 3/7/2018
  • Entity registrant name: ISRAEL CHEMICALS LTD (CIK: 0000941221)
  • Generator: SAP Disclosure Management
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/941221/000095010318003092/0000950103-18-003092-index.htm
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    • ifrs-full:DisclosureOfIntangibleAssetsExplanatory

    Note 13 - Intangible Assets

     

    1. Composition

     

     

    Goodwill

    Concessions and mining rights

    Trademarks

    Technology / patents

    Customer relationships

    Exploration and evaluation assets

    Computer

    application

    Others

    Total

     

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

     

    Cost

     

     

     

     

     

     

     

     

     

    Balance as at January 1, 2017

    398

    205

    86

    80

    214

    35

    65

    76

    1,159

    Additions

    -

    -

    -

    3

    -

    1

    10

    3

    17

    Discontinuance of consolidation

    (55)

    -

    -

    -

    -

    -

    -

    -

    (55)

    Translation differences

    16

    11

    7

    7

    16

    3

    2

    1

    63

    Reclassification to assets held for sale

    (11)

    -

    (2)

    (10)

    (47)

    -

    (1)

    (46)

    (117)

     

     

     

     

     

     

     

     

     

     

    Balance as at December 31, 2017

    348

    216

    91

    80

    183

    39

    76

    34

    1,067

     

     

     

     

     

     

     

     

     

     

    Amortization and impairment losses

     

     

     

     

     

     

     

     

     

    Balance as at January 1, 2017

    21

    57

    19

    34

    88

    9

    57

    50

    335

    Amortization for the year

    -

    6

    3

    5

    12

    1

    3

    5

    35

    Translation differences

    1

    -

    1

    3

    5

    1

    2

    1

    14

    Impairment

    -

    -

    1

    -

    -

    14

    -

    -

    15

    Reclassification to assets held for sale

    -

    -

    -

    (7)

    (11)

    -

    (1)

    (35)

    (54)

     

     

     

     

     

     

     

     

     

     

    Balance as at December 31, 2017

    22

    63

    24

    35

    94

    25

    61

    21

    345

     

     

     

     

     

     

     

     

     

     

    Amortized Balance as at December 31 ,2017

     

    326

    153

    67

    45

    89

    14

    15

    13

    722

     


    Note 13 - Intangible Assets (cont'd)

     

    1. Composition (cont’d)

     

     

    Goodwill

    Concessions and mining rights

    Trademarks

    Technology / patents

    Customer relationships

    Exploration and evaluation assets

    Computer

    application

    Others

    Total

     

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

    $ millions

     

    Cost

     

     

     

     

     

     

     

     

     

    Balance as at January 1, 2016

    370

    262

    86

    82

    212

    143

    255

    78

    1,488

    Additions

    -

    1

    1

    1

    6

    19

    59

    -

    87

    Additions in respect of business combinations

    26

    -

    -

    -

    -

    -

    -

    -

    26

    Disposals

    -

    (52)

    -

    -

    -

    (126)

    (249)

    -

    (427)

    Translation differences

    2

    (6)

    (1)

    (3)

    (5)

    (1)

    (3)

    (2)

    (19)

    Reclassification from assets held for sale

    -

    -

    -

    -

    1

    -

    3

    -

    4

     

     

     

     

     

     

     

     

     

     

    Balance as at December 31, 2016

    398

    205

    86

    80

    214

    35

    65

    76

    1,159

     

     

     

     

     

     

     

     

     

     

    Amortization and impairment losses

     

     

     

     

     

     

     

     

     

    Balance as at January 1, 2016

    21

    52

    16

    30

    77

    7

    55

    45

    303

    Amortization for the year

    -

    5

    3

    5

    13

    2

    3

    5

    36

    Disposals

    -

    -

    -

    -

    -

    -

    (2)

    -

    (2)

    Translation differences

    -

    -

    -

    (1)

    (2)

    -

    (1)

    -

    (4)

    Reclassification from assets held for sale

    -

    -

    -

    -

    -

    -

    2

    -

    2

     

     

     

     

     

     

     

     

     

     

    Balance as at December 31, 2016

    21

    57

    19

    34

    88

    9

    57

    50

    335

    Amortized Balance as at December 31 ,2016

     

    377

    148

    67

    46

    126

    26

    8

    26

    824

     

     

    Note 13 - Intangible Assets (cont'd)

     

    B. Total book value of intangible assets having defined useful lives and those having indefinite useful lives are as follows:

     

     

    As at December 31

     

    2017

    2016

     

    $ millions

    $ millions

     

    Intangible assets having a defined useful life

    365

    415

    Intangible assets having an indefinite useful life

    357

    409

     

    722

    824