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
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  • ifrs-full:DisclosureOfIntangibleAssetsExplanatory

    INTANGIBLE ASSETS
     
    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