Tiscali 2009 Annual Report Download - page 113
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Tiscali Group: Annual Report 2009
112
Intangible assets (note 15)
Intangible asset movements in 2009 were as follows:
Intangible assets
Computers,
software and
development
costs
Concessions
and similar
rights
Broadband
service
activation
costs
Other
intangible
assets
Intangible
assets in
course of
acquisition and
prepayments
Total
(EUR 000)
HISTORIC COST
1 Genuary 2009 9,308 148,933 123,884 91,261 6,933 380,319
Increases 92 7,867 9,795 947 7,133 25,835
Other variations - (1,140) - -- (1,140)
Assets sold (4,759) (71,786) (94,820) (69,647) - (241,012)
Reclassifications - 4,499 1,809 2,000 (7,184) 1,124
31 December 2009 4,641 88,373 40,667 24,562 6,882 165,126
ACCUMULATED
DEPRECIATION
1 gennaio 2009 6,941 64,074 90,147 27,226 -188,388
Increases in
amortization 910 8,727 2,557 10,114
-
22,309
Other variations - (427) - - -(427)
Assets sold (4,098) (37,806) (66,468) (21,960) -(130,331)
Reclassifications - - 5,146 (5,146) --
31 December 2009 3,753 34,569 31,382 10,234 -79,939
NET VALUE
31 December 2008 2,366 84,859 33,737 64,036 6,933 191,931
31 December 2009 888 53,804 9,285 14,328 6,882 85,187
The item “Assets sold” includes the variation in intangible assets compared to 2008 for a net value of EUR
110.7 million due to deconsolidation of intangible assets of UK companies sold.
The item Computers, software and development costs, whose balance amounts to EUR 888 thousand
includes the capitalization of development costs for software applications customized for the exclusive use
of the company.
The balance of “Concessions and similar rights”, amounting to EUR 53.8 million, includes EUR 45.9 million
relating to rights and costs connected with the acquisition of transmission capacity on a long-term basis, in
the form of concession agreements for the use of the same (IRU/Indefeasible Rights of Use) and around
EUR 5.3 million relating to licences and software. The remaining amount is EUR 2.6 million for patent rights