Annual Report 2008 English [PDF, 2.69 MB] - Tessenderlo Group

Tessenderlo Group
USEFUL LIFE
DEVELOPMENT
CONCESSIONS,
PATENTS,
LICENSES
SOFTWARE
CUSTOMER LISTS
OTHER
OTHER
TOTAL
FINITE
INDEFINITE
ACQUISITION VALUE
At 1 January 2007 3.7 22.2 12.2 6.8 9.8 2.1 56.8
. acquisitions through business - 3.6 - 2.4 9.7 - 15.7
combinations
. capital expenditure - 2.5 0.3 1.5 1.2 - 5.5
. sales and disposals - -0.4 - - - - -0.4
. transfers - - 0.3 - - - 0.3
. translation differences - -0.1 -0.3 -0.1 -1.7 -0.3 -2.5
At 31 December 2007 3.7 27.8 12.5 10.6 19.0 1.8 75.4
137
AMORTISATION AND IMPAIRMENT LOSSES
At 1 January 2007 -0.2 -19.0 -8.2 -3.3 -4.2 0.0 -34.9
. acquisitions through business - - - - - - 0.0
combinations
. amortisation -0.7 -0.8 -1.4 -0.3 -0.9 - -4.1
. sales and disposals - 0.2 - - - - 0.2
. transfers -0.2 0.2 - - - - 0.0
. translation differences - - 0.2 -0.2 0.3 - 0.3
At 31 December 2007 -1.1 -19.4 -9.4 -3.8 -4.8 0.0 -38.5
CARRYING AMOUNTS
At 1 January 2007 3.5 3.2 4.0 3.5 5.6 2.1 21.9
At 31 December 2007 2.6 8.4 3.1 6.8 14.2 1.8 36.9
The capital expenditure amounts to 7.2 million EUR and is broken down per business segment, in the
“Segment reporting” section (note 2).
An amount of 2.2 million EUR is disclosed as acquisition through business combinations. The detailed
information is disclosed in “Acquisitions and disposals” (note 3).
The “other” intangible assets with finite useful lives consist mainly of two non-competition agreements,
know how, a product label and land-use rights. The non-compete agreements, the product label and the
know-how are being amortised on a straight-line basis over 5-15 years.