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Separate Financial Statements 2007 - Indesit

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<strong>Separate</strong> <strong>Financial</strong> <strong>Statements</strong> as of 31 December <strong>2007</strong><br />

6.20. Goodwill and other intangible assets with an indefinite useful life<br />

Goodwill originally relating to the Refrontolo factory was written off in 2006 following the<br />

downsizing of production at that location.<br />

(million euro)<br />

Description Goodwill Total<br />

OPENING BALANCES 01 January 2006<br />

Historical value 2,4 2,4<br />

Accumulated amortization (0,7) (0,7)<br />

Total 01 January 2006 1,7 1,7<br />

CHANGES<br />

Purchases - -<br />

Transfer - -<br />

Disposals - -<br />

Use of amortization fund - -<br />

Write-down for impairment (1,7) (1,7)<br />

Total (1,7) (1,7)<br />

BALANCES AT 31 December 2006<br />

Historical value 2,4 2,4<br />

Accumulated amortization (2,4) (2,4)<br />

Total 31 December 2006 - -<br />

CHANGES<br />

Purchases - -<br />

Transfer - -<br />

Disposals - -<br />

Use of amortization fund - -<br />

Write-down for impairment - -<br />

Total - -<br />

BALANCES AT 31 December <strong>2007</strong><br />

Historical value - -<br />

Accumulated amortization - -<br />

Total 31 December <strong>2007</strong> - -<br />

6.21. Other intangible assets with a finite life<br />

Other intangible assets are analysed as follows:<br />

45

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