Air Canada 2006 Annual Report Download - page 88

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5. INTANGIBLE ASSETS
2006
2005
Indefinite life assets
International route rights and slots $ 430 $ 653
Air Canada trade name 393 595
Other marketing based trade names 50 84
873 1,332
Finite life assets
Star Alliance membership 158 239
Other contract and customer based 157 211
Technology based 130 96
445 546
Accumulated depreciation and amortization
Star Alliance membership (22) (12)
Other contract and customer based (65) (36)
Technology based (37) (19)
(124) (67)
Finite life assets, net 321 479
$ 1,194 $ 1,811
As a result of recognizing the benefit during the year ended December 31, 2006 of future income tax assets that
existed at fresh start, and for which a valuation allowance was recorded, for the year ended December 31, 2006,
intangible assets were reduced on a pro-rata basis by $554, including the impact of the reversal of valuation
allowance by ACE as described in Note 8 (2005 $89).
The carrying value of intangible assets includes $5 (2005 $10) related to Jazz, which is consolidated under
AcG-15.
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