Windstream 2008 Annual Report Download - page 147

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
4. Goodwill and Other Intangible Assets, Continued:
2007
(Millions)
Gross
Cost
Accumulated
Amortization
Net Carrying
Value
Valor wireline customer list $ 210.0 $ (59.1) $ 150.9
CTC wireline customer list 45.0 (3.2) 41.8
Other wireline customer list 67.6 (34.3) 33.3
Cable franchise rights 22.5 (19.4) 3.1
Balance at December 31, 2007 $ 345.1 $ (116.0) $ 229.1
Intangible asset amortization methodology and useful lives are as follows:
Intangible Assets Amortization Methodology Estimated Useful Life
Valor wireline customer list accelerated sum-of-years digits 9 years
CTC wireline customer list accelerated sum-of-years digits 9 years
Other wireline customer lists straight-line 10 years
Cable franchise rights straight-line 15 years
Amortization expense for intangible assets subject to amortization was $51.9 million in 2008, $51.3 million in
2007 and $27.3 million in 2006. Amortization expense for intangible assets subject to amortization is estimated to
be $46.4 million in 2009, $39.3 million in 2010, $33.5 million in 2011, $27.9 million in 2012 and $15.5 million in
2013.
F-59