APC 2007 Annual Report Download - page 120

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Note 5 - Intangible assets
5.1 - Change in intangible assets
Trademarks Software Development Other Total
projects
(R&D)
Gross value
Dec. 31, 2005 744.4 486.7 186.8 310.6 1,728.5
Acquisitions/Capitalization 1.5 20.7 120.8 82.4 225.4
Internally generated assets - (0.2) - - (0.2)
Disposals 0.2 (4.7) (4.5) (10.1) (19.1)
Translation adjustment (26.9) (10.1) (7.8) (33.6) (78.4)
Reclassification 0.1 (60.8) 9.5 53.3 2.1
Changes in the scope
of consolidation and other 46.4 6.4 9.7 93.0 155.5
Dec. 31, 2006 765.7 438.0 314.5 495.6 2,013.8
Acquisitions/Capitalization 0.0 28.3 128.5 75.8 232.6
Disposals - (14.2) (1.2) (30.6) (46.0)
Translation adjustment (189.2) (12.0) (9.1) (103.8) (314.1)
Reclassification - 44.3 3.1 (37.8) 9.6
Changes in the scope
of consolidation and other 1,776.2 34.7 (6.6) 785.0 2,589.3
Dec. 31, 2007 2,352.7 519.1 429.2 1,184.2 4,485.2
Accumulated amortization and impairment
Dec. 31, 2005 (3.7) (290.8) (22.0) (112.9) (429.4)
Allocation and impairment (1.8) (59.2) (29.0) (25.7) (115.7)
Recapture 0.2 6.7 2.5 3.2 12.6
Translation adjustment 0.1 8.0 1.5 7.3 16.9
Reclassification (0.2) (1.4) (1.4) 4.5 1.5
Changes in the scope
of consolidation and other 0.1 (3.5) (2.2) (1.2) (6.8)
Dec. 31, 2006 (5.3) (340.0) (50.6) (124.8) (520.7)
Allocation and impairment (0.6) (66.5) (47.6) (82.3) (197.0)
Recapture 0.2 17.2 2.9 0.7 21.0
Translation adjustment 0.2 8.3 2.6 11.0 22.1
Reclassification - (4.9) (1.5) 0.9 (5.5)
Changes in the scope
of consolidation and other (100.0) (1.8) 5.1 6.0 (90.7)
Dec. 31, 2007 (105.5) (387.7) (89.1) (188.6) (770.8)
Net value
Dec. 31, 2005 740.7 195.9 164.8 197.7 1,299.1
Dec. 31, 2006 760.4 98.0 263.9 370.8 1,493.1
Dec. 31, 2007 2,247.3 131.5 340.1 995.5 3,714.4
The amounts reported in the above table for 2007 acquisitions correspond to Pelco, APC and Merten trademarks and
other intangible assets, consisting primarily of patents and customer lists (notes 4.2 and 5.2).
As of December 31, 2007, costs totaling 56.1 million were capitalized and classified under "Other intangible assets"
in connection with an ongoing project to develop a Groupwide SAP system. At the same time, an impairment loss of
31 million was recognized on IT development work in process.
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