Annual report 2004 (English) - PDF 3546K - Imperial Tobacco

98
Altadis Group 2004 Financial Information
Notes to 2004
Consolidated Financial Statements
The balance of the “Intellectual Property and
Trademarks” account includes mainly the
acquisition cost of and/or the value assigned in
consolidation to several brands of cigars and little
cigars.
The “Rights on Leased Assets” account includes the
value of the building housing the Group’s registered
office in Madrid.
Thousands of Euros
Lease
Lease
Payments
Contract Time Interest Original Accumulated Unaccrued Payments Paid in Purchase
Term Elapsed Rate (%) Cost Amortization Interest Payable (*) the Year Option (*)
121 months 24 months Euribor + 0.6 42,281 (1,774) 7,248 46,074 2,873 25,000
(*) The amount of the purchase option is included in the lease payments payable.
€23,876 thousand of the Group’s intangible assets
had been fully amortized as of December 31, 2004.