Coca Cola 2006 Annual Report Download - page 39
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be recoverable. For other applicable assets, we perform these tests at least annually or more frequently if events
or circumstances indicate that an asset may be impaired:
Percentage
Carrying of Total
December 31, 2006 Value Assets
(In millions except percentages)
Tested for impairment when conditions exist that indicate carrying value
may be impaired:
Equity method investments $ 6,310 21%
Cost method investments, principally bottling companies 473 2
Other assets 2,701 9
Property, plant and equipment, net 6,903 23
Amortized intangible assets, net (various, principally trademarks) 198 0
Total $ 16,585 55%
Tested for impairment at least annually or when events indicate that an
asset may be impaired:
Trademarks with indefinite lives $ 2,045 7%
Goodwill 1,403 5
Bottlers’ franchise rights 1,359 5
Other intangible assets not subject to amortization 130 0
Total $ 4,937 17%
Many of the noncurrent assets listed above are located in markets that we consider to be developing or to
have changing political environments. These markets include, but are not limited to, the Middle East and Egypt,
where political and civil unrest continues; the Philippines, where affordability and availability of beverages in the
marketplace continue to impact operating results; India, where affordability issues remain; and certain markets
in Latin America, Asia and Africa, where local economic and political conditions are unstable. We have bottling
assets and investments in many of these markets. The table below reflects the Company’s carrying value of
noncurrent assets in these markets.
Percentage of
Applicable
Carrying Line Item
December 31, 2006 Value Above
(In millions except percentages)
Tested for impairment when conditions exist that indicate carrying value
may be impaired:
Equity method investments $ 533 8%
Cost method investments, principally bottling companies 123 26
Other assets 83 3
Property, plant and equipment, net 2,150 31
Amortized intangible assets, net (various, principally trademarks) 11 6
Total $ 2,900 17
Tested for impairment at least annually or when events indicate that an
asset may be impaired:
Trademarks with indefinite lives $ 394 19%
Goodwill — 0
Bottlers’ franchise rights 52 4
Other intangible assets not subject to amortization 23 18
Total $ 469 9
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