Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 393

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 393
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”below for a discussion regarding our finance lease accounting policies. We depreciate satellites and other property and equipment on a straight-line basis over the following estimated useful lives:

| Asset Description                            |     | Years |         |
| Buildings and improvements                   |     |       | 10 -40  |
| Satellites and related costs                 |     |       | 10 - 18 |
| Ground segment equipment and software        |     |       | 4 - 15  |
| Furniture and fixtures and computer hardware |     |       | 3 - 12  |
| Leasehold improvements(1)                    |     |       | 2 - 13  |
| Network equipment                            |     |       | 5 - 25  |
| Finance leases                               |     |       | < 1 -12 |

| (1) | Leasehold improvements are depreciated over the shorter of the useful life of the improvement or the remaining 
 lease term.                                                                                                    |

F-113

(h) Other Assets Other assets primarily consist of investments in certain equity securities, equity method investments, loan receivables, right-of-use(“ROU”) assets, long-term restricted cash, long-term deposits and other miscellaneous deferred charges and long-term assets. See Note 6 - Investments for additional discussion regarding equity securities, equity method investments and loan receivable accounting policies. See Note 10 - Leases and “ (u) Leases”below for additional discussion regarding ROU asset accounting policies. (i) Goodwill and Other Intangible Assets We account for goodwill and other intangible assets in accordance with ASC 350, Intangibles—Goodwill and Other(“ASC 350”). Goodwill represents the excess of the consideration transferred plus the fair value of any noncontrolling interest in the acquiree at the acquisition date over the fair values of identifiable net assets of businesses acquired. Goodwill and certain other intangible assets deemed to have indefinite lives are not amortized but are tested on an annual basis for impairment during the fourth quarter, or whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. The current guidance requires us to measure impairment using the difference between the carrying amount and the fair value of the reporting unit, if required. See Note 7 - Goodwill and Other Intangible Assets. Intangible assets arising from business combinations are initially recorded at fair value. We record other intangible assets at cost. We amortize intangible assets with determinable lives based on the expected pattern of consumption