Business Report 2005 - Interseroh

Notes on the Balance Sheet
(12) Intangible assets
Goodwill
EUR million
Other
intangible
assets
EUR million
Total
EUR million
Acquisition/Production costs
As of 01.01.2004 18.90 4.58 23.48
Accruals from consolidation changes 0.41 0.00 0.41
Accruals 0.09 0.45 0.54
Retirements -0.03- 0.14 -0.17
Reorganisations 0.00 0.03 0.03
As of 31.12.2004 19.37 4.93 24.29
Value adjustments
As of 01.01.2004 0.00 2.23 2.23
Accruals, scheduled 0.00 0.79 0.79
Retirements 0.00 -0.06 -0.06
As of 31.12.2004 0.00 2.96 2.96
Book values
As of 01.01.2004 18.90 2.35 21.25
As of 31.12.2004 19.37 1.96 21.33
Acquisition/Production costs
As of 01.01.2005 19.37 4.92 24.29
Accruals 1.55 2.28 3.83
Retirements 0.00 -0.36 -0.36
As of 31.12.2005 20.92 6.84 27.76
Value adjustments
As of 01.01.2005 0.00 2.96 2.96
Accruals, scheduled 0.00 0.83 0.83
Retirements 0.00 -0.02 -0.02
As of 31.12.2005 0.00 3.77 3.77
Book values
As of 01.01.2005 19.37 1.96 21.33
As of 31.12.2005 20.92 3.07 23.99
The goodwill reported in the consolidated financial statements consists of residual book values of
goodwill from the initial consolidation of subsidiaries to the amount of EUR 15.49 million (previous
year: EUR 15.12 million) as well as the goodwill taken over from the individual financial statements to
the amount of EUR 5.42 million (previous year: EUR 4.25 million). A sum of EUR 0.90 million
(previous year: EUR 0.49 million) was spent in the year under review for the acquisition of companies
(share deal). This resulted in goodwill of EUR 0.30 million (previous year: EUR0.41 million). In addition
to this, goodwill to the amount of EUR 1.17 million (previous year: EUR 0.00) was generated in asset
deals, which can be attributed to the fact that the customer relations acquired cannot be entered in the
balance sheet as independent intangible asset. The remaining accruals in 2005 are based on
subsequent acquisition costs to the amount of EUR 0.08 million. All purchase prices were settled
exclusively by transfer of funds.
The other intangible assets contain intangible assets with a residual book value of EUR 0.55
million (previous year: EUR 0.64 million) that are to be capitalised in the course of finance-leasing
contracts. There were no accruals in this segment in fiscal 2005. The depreciations on these assets
amounted to EUR 0.09 million (previous year: EUR 0.09 million).
No extraordinary value adjustments had to be made in the financial year (e.g. due to
impairment tests). All depreciations on intangible assets are contained in the income statement item
“Depreciation on intangible assets and property, plants and equipment”.
Except for the leased assets, there are no restraints on ownership or disposal or acquisition
obligations regarding the intangible assets.
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