IMMOEAST Annual Report 2006/07

194 IMMOEAST Annual Report 2006/07
4.3.2a.4 Bucharest Distribution Park
Goodwill 4,181.7
Carrying value of cash-generating unit 10,320.1
Deferred tax liability 0.0
14,501.8
Fair value of cash-generating unit 10,320.1
Fair value of deferred tax liability 0.0
10,320.1
Impairment 4,181.7
4.3.2a.5 Brno Estates
Goodwill 21,798.0
Carrying value of cash-generating unit 79,028.2
Deferred tax liability -14,299.3
86,526.9
Fair value of cash-generating unit 79,028.2
Fair value of deferred tax liability 0.0
79,028.2
Impairment 7,498.7
4.3.2a.6 Alacor
Goodwill 12,499.0
Carrying value of cash-generating unit 2,760.8
Deferred tax liability -341.5
14,918.3
Fair value of cash-generating unit 2,760.8
Fair value of deferred tax liability 0.0
2,760.8
Impairment 12,157.5
4.3.2a.7 Golden Babylon I and II
Goodwill 50,317.7
Carrying value of cash-generating unit 159,500.2
Deferred tax liability -50,144.1
159,673.7
Fair value of cash-generating unit 159,500.2
Fair value of deferred tax liability 0.0
159,500.2
Impairment 173.5
The impairment charge recognised to the goodwill
that was allocated to the cash-generating unit
Bucharest Distribution Park resulted from insufficient
reserves as of the balance sheet date.
The impairment charge recognised to the goodwill
that was allocated to the cash-generating unit
Brno Estates resulted from the high variable purchase
price component (earn-out), which was not
reflected in the valuation of the property (also see
2.3.1.1.3.5).
The impairment charge recognised to the goodwill
that was allocated to the cash-generating unit Alacor
resulted from insufficient reserves as of the balance
sheet date (also see 2.3.1.2.2.1).
The impairment charge recognised to goodwill allocated
to the cash-generating units Golden Babylon I
and II is attributable to the deferred tax liability that
resulted from the low tax bases of these properties
as well as an increase in the value of the Rouble
after the acquisition date (also see 2.3.1.2.1.1).