Ricoh 2005 Annual Report Download - page 40

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Thousands of U.S. Dollars
2005
Gross carrying Accumulated Net carrying
amount amortization amount
Other intangible assets subject to amortization:
Software
$548,421 $(264,271) $284,150
Trade name and customer base
279,785 (64,271) 215,514
Other
170,906 (35,963) 134,943
Total
999,112 (364,505) 634,607
Other intangible assets not subject to amortization
14,122
Total other intangible assets
$648,729
Gross carrying amount of software was increased for the year ended March 31, 2005 mainly due to back-office information systems development.
Other intangible assets subject to amortization other than software was increased for the year ended March 31, 2005 mainly due to acquisition as
described in Note 3.
The aggregate amortization expense of other intangible assets subject to
amortization for the years ended March 31, 2003, 2004 and 2005 were
¥6,993 million, ¥9,284 million and ¥11,405 million ( $106,589
thousand) . The future amortization expense for each of the five years
relating to intangible assets currently recorded in the consolidated
balance sheets is estimated to be the following at March 31, 2005:
Thousands of
Years ending March 31 Millions of Yen U.S. Dollars
2006 ¥15,313 $143,112
2007 12,038 112,504
2008 9,531 89,075
2009 7,643 71,430
2010 2,993 27,972
39 ANNUAL REPORT 2005
The changes in the carrying amounts of goodwill for the year ended
March 31, 2004 and 2005, were as follows:
Thousands of
Millions of Yen U.S. Dollars
2004
2005 2005
Balance at beginning of year ¥28,109
¥25,298 $236,430
Goodwill acquired during the year 383
21,722 203,009
Foreign exchange impact ( 3,194)
482 4,505
Balance at end of year ¥25,298
¥47,502 $443,944
As of March 31, 2005, the carrying value of all goodwill was allocated to
the office equipment segment.
8 . INCOME TAXES
Income before income taxes, minority interests, equity in earnings of affiliates and cumulative effect of accounting change and provision for income
taxes for the years ended March 31, 2003, 2004 and 2005 are as follows:
Thousands of
Millions of Yen U.S. Dollars
2003 2004
2005 2005
Income before income taxes, minority interests, equity in earnings of affiliates
and cumulative effect of accounting change:
Domestic ¥ 84,946 ¥ 98,162
¥ 88,562 $827,682
Foreign 38,524 44,901
46,821 437,579
¥123,470 ¥143,063
¥135,383 $1,265,261
Provision for income taxes-
Current:
Domestic ¥50,103 ¥38,908
¥28,081 $262,439
Foreign 13,080 14,395
11,200 104,673
63,183 53,303
39,281 367,112
Deferred:
Domestic ( 9,043) 1,951
8,737 81,654
Foreign ( 2,156) 1,387
2,616 24,449
( 11,199) 3,338
11,353 106,103
Consolidated provision for income taxes ¥51,984 ¥56,641
¥50,634 $473,215