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091_
Kia Motors Annual Report 2007
(10) Intangible Assets
(a) Changes in intangible assets for the year ended December 31, 2007 are as follows:
Changes in intangible assets for the year ended December 31, 2006 are as follows:
(b) Research and development costs incurred for the years ended December 31, 2007 and 2006 are as follows:
(11) Other Non-Current Assets
Other assets as of December 31, 2007 and 2006 are summarized as follows:
760,673
311,558
(219,061)
853,170
6,370
1,372
(1,346)
6,396
5,507
-
(1,866)
3,641
772,550
312,930
(222,273)
863,207
￦
￦
Facility usage rightsIndustrial property rights
2007
Development costs Total
Net balance at beginning of year
Additions
Amortization
Net balance at end of year
In millions of Won
760,673
311,558
(219,061)
853,170
6,370
1,372
(1,346)
6,396
5,507
-
(1,866)
3,641
772,550
312,930
(222,273)
863,207
￦
￦
Facility usage rightsIndustrial property rightsDevelopment costs Total
Net balance at beginning of year
Additions
Amortization
Net balance at end of year
In millions of Won
7,373
-
(1,866)
5,507
763,045
259,075
(249,570)
772,550
￦
￦
Facility usage rightsIndustrial property rights
2006
Development costs Total
Net balance at beginning of year
Additions
Amortization
Net balance at end of year
In millions of Won
749,639
257,519
(246,485)
760,673
6,033
1,556
(1,219)
6,370
￦
￦
Net balance at beginning of year
Additions
Amortization
Net balance at end of year
In millions of Won
311,558
81,271
204,294
597,123
￦
￦
2007 2006
257,519
138,025
190,568
568,112
Development cost
Cost of sales
Selling, general and administrative expenses
In millions of Won
32
3,358
22,562
176,776
202,728
￦
￦
2007 2006
32
5,785
29,495
176,414
211,726
Long-term deposits (note 2)
Long-term accounts receivable - trade, less discount on
present value of ￦467 in 2007 and ￦861 in 2006
Long-term accounts receivable - other, less allowance for
doubtful accounts of ￦23,668 in 2007 and ￦24,989 in 2006
Guarantee deposits
In millions of Won