CzeCh airlines - České aerolinie

NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2010
annual report 2010 | 59
The Company did not acquire any intangible fixed assets without consideration in
either 2010 or 2009.
Intangible assets under construction at 31 December 2010 represent information
technology projects in progress (for example, the Airlines system, Cargo SPOT software,
the AVES system development).
The net book value of intangible fixed assets transferred to the subsidiaries as nonmonetary
contributions during 2010 is mentioned in Note 28.
In 2009, the Company wrote off the intangible fixed assets under construction related
to an information technology project and the allowance in the amount of CZK
21,194 thousand was released. The impact to profit or loss was CZK 0 thousand.
The Company anticipates that costs incurred in relation to projects in progress will
bring future economic benefits.