Porsche 2008 Annual Report Download - page 185
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183
[14] Development of intangible assets
The indefinitely lived intangible assets are mainly goodwill and brands.
The carrying amounts of the capitalized goodwill were allocated to the Volkswagen subgroup in
an amount of €9.9 billion, and the remaining €518 million to the Porsche subgroup. The carrying
amounts of the brands were allocated to the cash-generating units Volkswagen passenger vehicles,
Volkswagen commercial vehicles, Audi, Seat, Škoda and Scania. The main brand values are
attributable to the cash-generating unit Volkswagen passenger vehicles (€4,829 million) and Audi
(€3,734 million). There has been no impairment of goodwill or the capitalized brands.
Total research and development of the reporting period developed as follows:
Notes to the consolidated balance sheet
2008/09 2008/09 20007/08
€ million
Porsche
without VW
Research and non-capitalized development costs 2,690 569 875
Amortization of development costs – 895 – 52 – 36
Research and development costs recognized in the income statement 1,795 517 839
Investment in capitalized development costs 1,160 226 61
2,955 743 900