Audi 2010 Annual Report Download - page 216

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214
NOTES TO THE BALANCE SHEET
14 Intangible assets
EUR million Dec. 31, 2010 Dec. 31, 2009
Concessions, industrial property rights and similar rights and assets, as well
as licenses thereto 232 182
Goodwill 72
Capitalized development costs 2,051 1,989
of which products currently under development 836 817
of which products currently in use 1,215 1,171
Payments on account for intangible assets 1 1
Total 2,357 2,171
Research and development expenditure recognized as an expense
EUR million 2010 2009
Research expense and non-capitalized development costs 1,901 1,569
Impairment losses (reversals) on capitalized development costs 567 480
Total 2,469 2,050
A total of EUR 2,531 (2,098) million was spent on research and development during the 2010
fiscal year. Of this total, EUR 630 (528) million fulfilled the capitalization criteria set out in
IAS 38.
15 Property, plant and equipment
EUR million Dec. 31, 2010 Dec. 31, 2009
Land, land rights and buildings, including buildings on land owned by others 2,190 2,075
Plant and machinery 1,159 1,224
Other plant and office equipment 1,958 1,879
Payments on account and assets under construction 496 618
Total 5,803 5,795
Payments totaling EUR 102 (85) million for assets rented on the basis of operating lease
agreements were recognized as an expense.
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, totaled
EUR 6 (5) million. Investment property in the form of leased vehicles with a contractual
term of more than one year amounted to EUR 7 (7) million.
Total payments of EUR 3 million are expected from irrevocable vehicle leasing agreements in the
period from 2011 to 2015, of which EUR 2 million will fall due in fiscal 2011.
17 Other long-term investments
EUR million Dec. 31, 2010 Dec. 31, 2009
Investments in affiliated companies 106 95
Investments in associated companies and participating interests 73 9
Securities 2
Total 180 107