100 % FUTURE - ALNO

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8. AMORTIZATION OF INTANGIBLE ASSETS AND DEPRECIATION OF PROPERTY,
PLANT AND EQUIPMENT
The composition of the amortization/depreciation can be seen in the statement of changes in noncurrent
assets.
In EUR thousand 2010 2009
Intangible assets 955 1,870
Property, plant and equipment 8,824 14,331
Depreciation and amortization 9,779 16,201
Impairment losses 2,325 23,985
Total 12,104 40,186
In total, the following groups of assets are affected by impairment losses:
In EUR thousand 2010 2009
Goodwill 0 2,535
Other intangible assets 9 988
Land and buildings 0 9,167
Technical plant and machinery 0 6,275
Operating and office equipment 2,316 5,020
Total 2,325 23,985
With regard to the assets of the ALNO AG cash generating unit (including the leasing companies),
fair value less costs to sell was still applied for the 2010 additions since there were no planning
figures during the year, and consequently the negative value in use of December 31, 2009 was still
applicable (please refer to B.4. “Impairment testing for goodwill”). This generated an impairment
loss of EUR 0 thousand for other intangible assets (previous year: EUR 969 thousand), and an
impairment loss of EUR 2,293 thousand for property, plant and equipment (previous year: EUR
20,378 thousand). The impairment test implemented as of December 31, 2010 on the basis of the
new planning figures resulted in no goodwill impairment requirement (previous year: EUR 2,535
thousand). In addition, no further impairment charges were required for the other assets of the
ALNO AG cash generating unit.
The impairment tests that were implemented also resulted in the application of impairment losses to
intangible assets and property, plant and equipment at the foreign subsidiaries due to the continued
poor earnings prospects in the United Kingdom, and the closure of the locations in Belgium and
Italy, of EUR 32 thousand (previous year: EUR 103 thousand).
Of the impairment losses, EUR 2,293 thousand (previous year: EUR 15,954 thousand) is attributable
to the ALNO segment, and EUR 0 thousand (previous year: EUR 5 thousand) to property companies
contained in the Other segment. The impairment losses of EUR 32 thousand at the foreign
subsidiaries (previous year: EUR 103 thousand) were booked at Group level, and are consequently
reported separately in the consolidation column. In addition, the previous year’s consolidation
column contained a goodwill impairment loss of EUR 2,535 thousand.
There were no further events or circumstances which led to impairment losses or write-ups being
recognized as of the balance sheet date.