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Changes in the carrying amount of intangible assets over the period were as follows

(in million of euros) Dec. 2011

373 6 30 80 (28) (24) (173) (164) (9) 6 (6) -264 Dec. 2012

CARRYING AMOUNT AT BEGINNING OF PERIOD 409

Acquisitions 5 Internally-generated assets (1) 21 Intangible assets of newly consolidated companies (2) -Amortization for the period (25) Impairment losses for the period (3) (5) Disposals of the period (33)

w Disposal of the Economy Hotels US business (see note 2.A.1) w Other disposals (4) (33)

Translation adjustment (1) Reclassifications of Assets held for sale (see note 32) 1 Other reclassifications 1

CARRYING AMOUNT AT END OF PERIOD 373

The following intangible assets are considered as having an indefinite useful life

(in million of euros) Dec. 2011

Sebel brand (Australia) Motel 6 brand 156 Other brands and rights 0

CARRYING AMOUNT AT END OF PERIOD 156

Dec. 2012 5 -1 6

The Motel 6 brand was sold in 2012 (see note 2.A.1).

At December 31, 2012, there were no material contractual commitments related to the acquisition of intangible assets not reported in the balance sheet.

5Financial statements CONSOLIDATED FINANCIAL STATEMENTS