Avon 2008 Annual Report Download - page 86

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Intangible assets 2008 2007
Carrying
Amount
Accumulated
Amortization
Carrying
Amount
Accumulated
Amortization
Amortized Intangible Assets
Customer relationships $38.4 $(25.6) $37.9 $(18.4)
Licensing agreements 42.4 (28.3) 41.2 (19.9)
Noncompete agreements 7.4 (5.7) 8.4 (5.6)
Total $88.2 $(59.6) $87.5 $(43.9)
Aggregate Amortization Expense:
2008 $16.4
2007 16.4
2006 19.5
Estimated Amortization Expense:
2009 $14.0
2010 2.0
2011 2.0
2012 2.0
2013 2.0
NOTE 17. Supplemental Balance Sheet Information
At December 31, 2008 and 2007, prepaid expenses and other included the following
2008 2007
Deferred tax assets (Note 6) $194.6 $261.4
Receivables other than trade 127.1 134.4
Prepaid taxes and tax refunds receivable 156.5 108.9
Prepaid brochure costs, paper and other literature 126.0 104.9
Short-term investments 40.1 –
Other 112.2 105.6
Prepaid expenses and other $756.5 $715.2
At December 31, 2008 and 2007, other assets included the following:
2008 2007
Deferred tax assets (Note 6) $ 502.5 $272.9
Goodwill (Note 16) 224.5 222.2
Intangible assets (Note 16) 28.6 43.6
Pension assets (Note 11) 2.2 40.0
Investments (Note 11) 108.9 127.3
Deferred software (Note 1) 98.3 95.9
Interest-rate swap agreements (Note 8) 103.7 16.4
Other 104.5 104.3
Other assets $1,173.2 $922.6