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Kabel Deutschland GmbH
Notes to the consolidated financial statements
There are still a number of interests in Cayman Cable originally issued under the MEP Interest
Programs which are outstanding as of March 31, 2010.
The Group recognized expenses with respect to all MEP plans in the amounts of
T€ 15,669, T€ 2,063 and T€ 23,042 for the years ended March 31, 2010, March 31, 2009 and
March 31, 2008, respectively.
Internally Generated Software
The Group recognized intangible assets developed internally (consisting of software
used by the Group) to the extent the criteria of IAS 38 are met. Development costs for internally
generated intangible assets are recognized at cost to the extent the assets are economically
usable and the costs can be reliably measured. For the years ended March 31, 2010, March 31,
2009 and March 31, 2008, respectively, approximately T€ 5,063, T€ 3,871 and T€ 2,528 of
costs for internally generated software were capitalized.
Customer List
The customer list is primarily amortized on a straight-line basis over 8.5 years. The
estimated useful life is based on the average number of terminations and the term of the
average contract life. The book value of the customer list amounted to T€ 318,509, T€ 433,101
and T€ 317,813 as of March 31, 2010, March 31, 2009 and March 31, 2008, respectively.
Trade Receivables
Trade receivables are assessed for collective impairment based on estimates regarding
the probability of collection. These estimates are determined taking into account historical
evidence relating to the collectability of KDG’s trade receivables by grouping them into different
age buckets. Depending on the time for which trade receivables are overdue, the percentage of
collective impairment has proven to increase with increasing overdue time. The estimates used
for collective impairment are revised at each balance sheet date and adjusted if necessary. As
of March 31, 2010, March 31, 2009 and March 31, 2008 the carrying amount of trade
receivables amounted to T€ 87,955, T€ 106,579 and T€ 130,878.
Provision for Pensions
With respect to the calculation of the provision for pensions, the Group estimated the
future salary increases, future pension increases and the discount rate. As of March 31, 2010,
March 31, 2009 and March 31, 2008, the provision for pensions amounted to T€ 39,292,
T€ 35,309 and T€ 29,148, respectively.
Asset Retirement Obligations
The amount of the accrual is based on an estimate of the costs expected for the
demolition and restoration of the network cables primarily located in leased cable ducts.
Expectations regarding the lessor waiving asset retirement performance requirements are
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