Globant S.A. | CIK:0001557860 | 3

  • Filed: 4/13/2018
  • Entity registrant name: Globant S.A. (CIK: 0001557860)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/0001144204-18-020505-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/glob-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001557860
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory

    Intangible assets as of December 31, 2017 included the following:
     
     
     
    Licenses and internal developments
     
    Customer relationships
     
    Non-compete agreement
     
    Total
    Useful life (years)
     
    5
     
    3 - 10
     
    3
     
     

    Cost
     
     
     
     
     
     
     
     

    Values at beginning of year
     
    18,591

     
    9,634

     
    586

     
    28,811

    Additions related to business combinations (note 23)
     
    7

     
    517

     

     
    524

    Additions
     
    8,784

     

     

     
    8,784

    Translation
     
    (1
    )
     
    2

     

     
    1

    Values at end of year
     
    27,381

     
    10,153

     
    586

     
    38,120

     
     
     
     
     
     
     
     
     
    Amortization and impairment
     
     
     
     
     
     
     
     
    Accumulated at beginning of year
     
    11,935

     
    2,499

     
    586

     
    15,020

    Additions
     
    5,391

     
    1,684

     

     
    7,075

    Impairment loss recognised in profit or loss (note 4.12)
     

     
    4,708

     

     
    4,708

    Translation
     
    (1
    )
     
    (47
    )
     

     
    (48
    )
    Accumulated at end of year
     
    17,325

     
    8,844

     
    586

     
    26,755

    Carrying amount
     
    10,056

     
    1,309

     

     
    11,365

     
    Intangible assets as of December 31, 2016 included the following:
     
     
     
    Licenses and internal developments
     
    Customer relationships
     
    Non-compete agreement
     
    Total
    Useful life (years)
     
    5
     
    3 - 10
     
    3
     
     

    Cost
     
     
     
     
     
     
     
     

    Values at beginning of year
     
    12,611

     
    4,334

     
    586

     
    17,531

    Additions related to business combinations (note 23)
     
    28

     
    5,054

     

     
    5,082

    Additions
     
    5,942

     

     

     
    5,942

    Translation
     
    10

     
    246

     

     
    256

    Values at end of year
     
    18,591

     
    9,634

     
    586

     
    28,811

     
     
     
     
     
     
     
     
     
    Amortization
     
     

     
     

     
     

     
     

    Accumulated at beginning of year
     
    8,229

     
    1,507

     
    586

     
    10,322

    Additions
     
    3,702

     
    926

     

     
    4,628

    Translation
     
    4

     
    66

     

     
    70

    Accumulated at end of year
     
    11,935

     
    2,499

     
    586

     
    15,020

    Carrying amount
     
    6,656

     
    7,135

     

     
    13,791