Audi 2009 Annual Report Download - page 208

205
Consolidated Financial
Statements
178 Income Statement
179 Statement of Recognized
Income and Expense
180 Balance Sheet
181 Cash Flow Statement
182 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
184 Development of fixed assets
in the 2009 fiscal year
186 Development of fixed assets
in the 2008 fiscal year
188 General information
192 Recognition and
measurement principles
199 Notes to the Income Statement
205 Notes to the Balance Sheet
209 Liabilities
215 Additional disclosures
236 Events occurring subsequent
to the balance sheet date
237 Statement of Interests
held by the Audi Group
NOTES TO THE BALANCE SHEET
14 Intangible assets
EUR million Dec. 31, 2009 Dec. 31, 2008
Concessions, industrial property rights and similar rights and assets, as well
as licenses thereto 182 170
Capitalized development costs 1,989 1,940
of which products currently under development 817 488
of which products currently in use 1,171 1,452
Payments on account for intangible assets 12
Total 2,171 2,112
Research and development expenditure recognized as an expense
EUR million 2009 2008
Research expense and non-capitalized development costs 1,569 1,631
Amortization and disposals of capitalized development costs 480 530
Total 2,050 2,161
A total of EUR 2,098 (2,178) million was spent on research and development in the 2009 fiscal
year. Of this total, EUR 528 (547) million fulfilled the capitalization criteria set out in IAS 38.
15 Property, plant and equipment
EUR million Dec. 31, 2009 Dec. 31, 2008
Land, land rights and buildings, including buildings on land owned by others 2,075 1,999
Plant and machinery 1,224 1,211
Other plant and office equipment 1,879 2,033
of which finance leases 0 1
Payments on account and assets under construction 618 603
Total 5,795 5,846
The carrying amounts in the case of finance leases correspond to the fair values.
Payments totaling EUR 85 (83) million for assets rented on the basis of operating lease agree-
ments were recognized as an expense.
There are no significant restrictions on ownership and disposal for the reported property, plant
and equipment.
16 Investment property
Investment property, in accordance with IAS 40, comprises land and buildings held to generate
rental income, and vehicles leased as part of operating lease agreements with a contractual
term of more than one year.
The fair values of the rented real estate, calculated on the basis of valuations, total EUR 5 (7)
million. Investment property in the form of leased vehicles with a contractual term of more than
one year amounted to EUR 7 (0) million.
Total payments of EUR 4 million are expected from irrevocable vehicle leasing agreements in the
period from 2010 to 2014, of which EUR 2 million in fiscal 2010.