Audi 2015 Annual Report Download - page 246

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
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NOTES TO THE BALANCE SHEET
14 / INTANGIBLE ASSETS
EUR million Dec. 31, 2015 Dec. 31, 2014
Concessions, industrial property rights, and similar rights and assets, as well
as licenses and customer bases 351 375
Brand names 414 416
of which Automotive 10 12
of which Motorcycles 404 404
Goodwill 378 378
of which Automotive 88 88
of which Motorcycles 290 290
Capitalized development costs 4,642 4,120
of which products currently under construction 1,700 2,492
of which products currently in use 2,942 1,627
Payments on account for intangible assets 2 3
Intangible assets 5,787 5,292
The reported goodwill retained its value during the fiscal year.
The value is also deemed retained in the event of a variation in
the growth forecast and/or discounting rate of +/– 0.5 percent-
age points. In capitalized development costs, borrowing costs
of EUR 24 million were capitalized.
// RESEARCH AND DEVELOPMENT EXPENDITURE RECOGNIZED AS AN EXPENSE
EUR million 2015 2014
Research expense and non-capitalized development costs 2,979 3,005
Amortization of and impairment losses (reversals) on
capitalized development costs 739 681
Research and development expenditure 3,718 3,685
During the 2015 fiscal year, a total of EUR 4,240 (4,316) million
was spent on research and development. Of this total,
EUR 1,262 (1,311) million was capitalized. The capitalization
quota is 29.8 (30.4) percent.
15 / PROPERTY, PLANT AND EQUIPMENT
EUR million Dec. 31, 2015 Dec. 31, 2014
Land, land rights and buildings, including buildings on third-party land as well
as leased land and buildings 4,564 3,743
Plant and machinery 2,126 1,840
Other plant and office equipment 2,824 2,180
Payments on account and assets under construction 1,865 1,910
Property, plant and equipment 11,380 9,673
of which finance lease 70 25