PDF (2.63 MB) - Geberit International AG

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8. Financial assets and other non-current assets
9. Goodwill and intangible assets Total Goodwill Patents Trademarks
and and other
technology intangible
assets
2004 MCHF MCHF MCHF MCHF
Cost at beginning of year 806.5 557.3 99.1 150.1
Changes in Group organisation (see Note 2) 470.9 425.9 29.6 15.4
Additions 2.2 2.2
Disposals (0.3) (0.3)
Translation differences (1.0) (0.3) (0.7)
Cost at end of year 1,278.3 983.2 128.4 166.7
Accumulated amortization at beginning of year 336.8 190.7 95.6 50.5
Additions 63.4 47.0 3.3 13.1
Disposals (0.3) (0.3)
Translation differences (0.4) (0.4)
Accumulated amortization at end of year 399.5 237.7 98.9 62.9
Net carrying amounts at end of year 878.8 745.5 29.5 103.8
2003 MCHF MCHF MCHF MCHF
Cost at beginning of year 807.5 559.2 99.1 149.2
Changes in Group organisation (see Note 2)
Additions 1.9 0.4 1.5
Disposals
Transfers
Translation differences (2.9) (2.3) (0.6)
Cost at end of year 806.5 557.3 99.1 150.1
Accumulated amortization at beginning of year 297.2 160.6 95.2 41.4
Additions 39.6 30.1 0.4 9.1
Disposals
Translation differences
Accumulated amortization at end of year 336.8 190.7 95.6 50.5
Net carrying amounts at end of year 469.7 366.6 3.5 99.6
Geberit Group
2004 2003
MCHF MCHF
Prepaid pension asset (see Note 14) 82.4 82.4
Deferred financing fees, net 4.7
Investments in associated companies 0.1
Reinsurance policies for pension obligations 11.1 10.7
Other 4.0 4.1
Total financial assets and other non-current assets 97.5 102.0
Deferred tax assets are disclosed as a separate line item in the balance sheet.
Comparatives have been adjusted. Deferred financing fees, net, are deducted from
the related debt instruments in 2004. Comparatives have not been adjusted.