Tiscali 1999 Annual Report Download - page 22
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$$
ASSETS
0#66)/&6&
,),668,0.&&
Following is a summary of the historical cost of the intangible assets and their accrued amortization and
net value, as of 31 December 1999 and 31 December 1998 respectively:
31/12/99 31/12/98
CATEGORIES Cost (Amortization) Net value Cost (Amortization) Net value
(Euro)
Start-up and expansion costs 17,222,910 (2,058,541) 15,164,369 820,235 (165,252) 654,983
R&D and advertising costs 1,357,421 (719,681) 637,740 1,357,421 (448,197) 909,225
Industrial patent rights and rights to
intellectual property 96,803 (21,962) 74,841 13,006 (2,601) 10,405
Concessions, lic., trademarks, other 1,796,772 (46,122) 1,750,649 61,785 (4,784) 57,001
Other 519,538 (20,986) 498,552 - - -
TOTAL 20,993,442 (2,867,292) 18,126,151 2,252,447 (620,834) 1,631,614
Changes in the individual accounts during financial year 1999 are disclosed in the following table:
BALANCE Revaluation Other BALANCE
CATEGORIES 31/12/98 Increases (Write
downs) Changes Amortization 31/12/99
(Euro)
Start-up and expansion costs 654,983 16,402,674 - - (1,893,289) 15,164,369
R&D and advertising costs 909,225 - - - (271,485) 637,740
Industrial patent rights and rights to
intellectual property 10,405 83,796 - - (19,360) 74,841
Concessions, lic., trademarks, other 57,001 1,734,987 - - (41,338) 1,750,650
Other - 519,538 - - (20,986) 498,552
TOTAL 1,631,614 18,740,995 - - (2,246,458) 18,126,151