Chrysler 2010 Annual Report Download - page 328

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9. Intangible assets
All intangible assets have been purchased and none of these have an indefinite useful life.
At 31 December 2010, intangible assets totaled €317 thousand and were subject to the following changes during the year:
(Decreases) and
(€ thousand) 31 December 2009 Additions Amortization Other changes 31 December 2010
Gross carrying amount 573 44 - (105) 512
Accumulated amortization (260) - (40) 105 (195)
Net carrying amount 313 44 (40) - 317
Intangible assets essentially consist of leasehold improvements, which are amortized over the term of the lease agreement (4 and 12 years).
Amortization on intangible assets is recognized in the income statement under other operating costs (Note 6).
During 2009, changes in intangible assets were as follows:
(Decreases) and
(€ thousand) 31 December 2008 Additions Amortization Other changes 31 December 2009
Gross carrying amount 628 - - (55) 573
Accumulated amortization (253) - (62) 55 (260)
Net carrying amount 375 - (62) - 313
10. Property, plant and equipment
At 31 December 2010, property, plant and equipment totaled €31,386 thousand and were subject to the following changes during the year:
(Decreases) and
(€ thousand) 31 December 2009 Additions Depreciation Other changes 31 December 2010
Land and buildings
Gross carrying amount 46,082 - - - 46,082
Accumulated depreciation (16,877) - (1,352) - (18,229)
Net carrying amount 29,205 - (1,352) - 27,853
Plant and machinery
Gross carrying amount 10,135 340 - - 10,475
Accumulated depreciation (10,021) - (84) - (10,105)
Net carrying amount 114 340 (84) - 370
Other tangible assets
Gross carrying amount 4,775 589 - (199) 5,165
Accumulated depreciation (2,649) - (238) 199 (2,688)
Net carrying amount 2,126 589 (238) - 2,477
Assets under development and advances - 687 - - 687
Total property, plant and equipment
Gross carrying amount 60,992 1,616 - (199) 62,408
Accumulated depreciation (29,547) - (1,674) 199 (31,022)
Net carrying amount 31,445 1,616 (1,674) - 31,386