Albertsons 2007 Annual Report Download - page 92

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SU
PERVAL
U
IN
C
. and
S
ubsidiaries
N
OTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
NOTE 6—PROPERTY, PLANT AND EQUIPMEN
T
Propert
y
, plant and equipment, net, consisted of the followin
g:
F
ebruar
y 24,
200
7
F
ebruar
y2
5
,
2006
L
a
n
d
$ 1,482 $ 131
B
u
ildi
n
gs
3
,
4
6
21
,
17
6
Property under construction 265 6
0
Leasehold im
p
rovements 1,326 42
7
E
q
ui
p
ment 3,293 1,84
9
C
apitalized leases 1,135 45
2
10
,
963 4
,
095
Accumu
l
ate
dd
eprec
i
at
i
on (2,378) (1,992
)
Accumulated amortization on ca
p
ital leases (170) (134
)
$ 8,415 $ 1,96
9
Depreciation expense was $793, $274 and $265 for 2007, 2006 and 2005, respectivel
y
. Amortization expense of
capital leases was
$
54,
$
32 and
$
35 for 2007, 2006 and 2005, respectively
.
NOTE 7—GOODWILL AND OTHER AC
Q
UIRED INTANGIBLE A
SS
ET
S
Due to the Acquisition, the Compan
y
recorded $2,410 of intan
g
ible assets primaril
y
related to tradenames
,
l
easehold ri
g
hts and customer relationships. The Compan
y
also recorded $4,333 of Goodwill based on
pre
li
m
i
nary purc
h
ase pr
i
ce a
ll
ocat
i
ons (see Note 3 – Bus
i
ness Acqu
i
s
i
t
i
on)
.
At Februar
y
24, 2007, the Compan
y
had approximatel
y
$5,103 of Goodwill related to Retail food and $81
8
re
l
ate
d
to Supp
l
yc
h
a
i
n serv
i
ces.
F-2
6