Valuation of intangible assets
Valuation of trademarks, patents for inventions, know-how and software
We value trademarks, inventions, know-how, industrial designs, utility models, software and other intellectual property.
We value the exclusive right or the right of use under a licence agreement; the value is determined by the economic benefit the asset brings to the right holder.
Finappraisal values intangible assets for transactions, accounting and the protection of rights
Transactions with rights
The price for the alienation of the exclusive right and the amount of remuneration under a licence agreement (Articles 1234 and 1235 of the Civil Code of the Russian Federation)
Recognition on the balance sheet
Value of intangible assets for accounting under Federal Accounting Standard FSBU 14/2022 "Intangible Assets" and for reporting under IAS 38
Purchase price allocation
Identifying trademarks, technologies and customer relationships when a business is acquired, under IFRS 3 Business Combinations
Contribution to the charter capital
Monetary valuation of rights transferred as an in-kind contribution (Article 66.2 of the Civil Code of the Russian Federation)
Intra-group transactions
Supporting the arm's length royalty rate and the price for the transfer of rights between group companies for tax purposes
Infringement of exclusive rights
Calculation of the right holder's damages and of compensation of twice the value of the right of use (Articles 1301, 1406.1 and 1515 of the Civil Code of the Russian Federation)
Value is determined in accordance with Federal Valuation Standard FSO XI "Valuation of Intellectual Property and Intangible Assets". The income approach measures the economic benefit from the asset: relief from royalty, premium profit, cost savings or the multi-period excess earnings of the group of assets. The cost approach is based on the reproduction or replacement cost of the asset, and the market approach on transaction prices and royalty rates for comparable assets.
The legal status, term and territory of protection, the terms of licence agreements and the asset's contribution to revenue are analysed. The valuation report sets out a reasoned conclusion of value with supporting analysis for decision-making.