Chrysler 2006 Annual Report Download - page 64

Fiat Group Consolidated Financial Statements at December 31, 2006 -Notes 125
In 2005 Changes in accumulated amortisation and impairment losses were as follows:
At Changes in Translation At
December Impairment the scope of differences and December
(in millions of euros) 31, 2004 Amortisation losses Divestitures consolidation other changes 31, 2005
Goodwill 652 – 12 – – 77 741
Trademarks and other intangible assets with indefinite useful lives 58 – – (3) – 6 61
-Development costs externally acquired 341 230 100 – (7) 3 667
-Development costs internally generated 481 232 3 – – 68 784
Total Development costs 822 462 103 – (7) 71 1,451
-Patents, concessions and licenses externally acquired 504 158 – (113) (38) 19 530
Total Patents, concessions and licenses 504 158 – (113) (38) 19 530
-Other intangible assets externally acquired 375 69 5 (9) 14 5 459
Total Other intangible assets 375 69 5 (9) 14 5 459
-Advances and intangible assets in progress externally acquired 6 – – – – – 6
Total Advances and intangible assets in progress 6 – – – – – 6
Total accumulated amortisation and impairment of Intangible assets 2,417 689 120 (125) (31) 178 3,248
The net carrying amount of Intangible assets at December 31, 2005 can be analysed as follows:
Translation
At Change in differences At
December Impairment the scope of and other December
(in millions of euros) 31, 2004 Additions Amortisation losses Divestitures consolidation changes 31, 2005
Goodwill 2,157 – – (12) – 53 220 2,418
Trademarks and other intangible assets
with indefinite useful lives 202 1 – – (1) 2 18 222
-Development costs externally acquired 1,230 240 (230) (100) (7) – 22 1,155
-Development costs internally generated 1,259 416 (232) (3) (2) – 10 1,448
Total Development costs 2,489 656 (462) (103) (9) – 32 2,603
-Patents, concessions and licenses externally acquired 472 96 (158) – (1) (21) 81 469
Total Patents, concessions and licenses 472 96 (158) – (1) (21) 81 469
-Other intangible assets externally acquired 145 32 (69) (5) – 16 18 137
Total Other intangible assets 145 32 (69) (5) – 16 18 137
-Advances and intangible assets in progress externally acquired 113 51 – – – – (70) 94
Total Advances and intangible assets in progress 113 51 – – – – (70) 94
Total net carrying amount of Intangible assets 5,578 836 (689) (120) (11) 50 299 5,943
The decrease of 73 million euros regarding the Change in the scope of consolidation mainly reflects the deconsolidation
of the entities transferred to the FAFS joint venture. In 2005 the increase of 53 million euros included the effects of the acquisition
of control of Leasys S.p.A. and Mako Elektrik Sanayi Ve Ticaret A.S., net of the effects of the entry in the scope of consolidation
of the Powertrain activities previously part of the Fiat-GM Powertrain, the joint venture with General Motors, and of the
reclassification to assets held for sale of the intangible assets of Atlanet S.p.A.
Foreign exchange losses of 273 million euros in 2006 (gains of 402 millions euros in 2005) principally reflect changes
in the Euro/U.S. dollar exchange rate.
In 2005, changes in the gross carrying amount of Intangible assets were as follows:
At Changes in Translation At
December the scope of differences and December
(in millions of euros) 31, 2004 Additions Divestitures consolidation other changes 31, 2005
Goodwill 2,809 – – 53 297 3,159
Trademarks and other intangible assets with indefinite useful lives 260 1 (4) 2 24 283
-Development costs externally acquired 1,571 240 (7) (7) 25 1,822
-Development costs internally generated 1,740 416 (2) –78 2,232
Total Development costs 3,311 656 (9) (7) 103 4,054
-Patents, concessions and licenses externally acquired 976 96 (114) (59) 100 999
Total Patents, concessions and licenses 976 96 (114) (59) 100 999
-Other intangible assets externally acquired 520 32 (9) 30 23 596
Total Other intangible assets 520 32 (9) 30 23 596
-Advances and intangible assets in progress externally acquired 119 51 – – (70) 100
Total Advances and intangible assets in progress 119 51 – – (70) 100
Total gross carrying amount of Intangible assets 7,995 836 (136) 19 477 9,191
Fiat Group Consolidated Financial Statements at December 31, 2006 -Notes 124