Canon 2008 Annual Report Download - page 79

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77
Intan
g
i
bl
e assets
d
eve
l
ope
d
or acquire
d
d
urin
g
t
h
e
y
ear en
d
e
d
December 31, 2008 totaled ¥47,050 million
(
$517,033 thou
-
sand), which are subject to amortization and primarily consist of
software of ¥38,986 million (
$
428,418 thousand), which is
mainl
y
f
or internal use, and license
f
ees o
f
¥2,217 million
($24,363 thousand), in addition to those recorded from
10. Goo
d
wi
ll
an
d
Ot
h
er Intangi
bl
e Asset
s
acquired businesses. The wei
g
hted avera
g
e amortization period
for software, license fees and intan
g
ible assets in total is
approximate
l
y 4 years, 7 years an
d
4 years, respective
l
y
.
The components of intangible assets subject to amortization
at December 31
,
2008 and 2007 were as
f
ollows
:
D
ece
m
be
r 3
1
2008
200
7
M
illions of
y
e
n
G
ross carr
yi
n
g
a
m
ou
n
t
Accu
m
u
l
ated
a
m
o
r
ti
z
ation
Gross carr
yi
n
g
a
m
ou
n
t
A
ccu
m
u
l
ated
a
m
o
r
ti
z
atio
n
So
f
t
w
a
r
e
¥ 187,920 ¥ 103,535 ¥ 174,
6
45 ¥
96
,445
License
f
ee
s
21,537 11,104 22
,
825 11
,
697
Ot
h
er
34,341 10,925 31
,
488 9
,
241
¥ 243,798 ¥ 125,564 ¥
228
,
9
5
8
¥ 117,
383
2008
T
h
ousa
n
ds
o
f
U
.
S
.
do
ll
a
r
s
G
ross carr
y
in
g
a
m
ou
n
t
Accu
m
u
l
ated
a
m
o
r
t
iz
at
i
on
So
f
t
w
a
r
e
$ 2,065,055 $ 1,137,747
License
f
ee
s
236,670 122,022
Ot
h
er
377,374 120,055
$ 2,679,099 $ 1,379,824
Yea
r
s
e
n
ded
D
ece
m
be
r 3
1
M
illions of
y
e
n
Th
ousa
n
ds
o
f
U
.
S
.
do
ll
a
r
s
2008
2
00
7
2008
Balance at beginning o
f
year ¥ 56,783 ¥ 40
,
80
1
$ 623,989
Goodwill acquired durin
g
the
y
ea
r
4,975 1
3,
57
3
54,670
T
ranslation ad
j
ustments and other (11,004)
2
,4
09
(120,923)
Balance at end o
f
yea
r
¥ 50,754 ¥ 56
,
783 $ 557,736
A
gg
re
g
ate amortization expense
f
or the
y
ears ended
Decem
b
er 31, 2008, 2007 an
d
2006 was ¥36,715 mi
ll
ion
(
$403,462 thousand
)
, ¥31,879 million and ¥26,490 million,
respectively. Estimated amortization expense for intangible assets
currentl
y
held
f
or the next
fi
ve
y
ears endin
g
December 31 is
¥35,010 million (
$
384,725 thousand) in 2009, ¥27,402 million
($301,121 thousand) in 2010, ¥16,455 million ($180,824
thousand
)
in 2011, ¥9,030 million
($
99,231 thousand
)
in 2012,
and ¥6,016 million (
$
66,110 thousand) in 2013
.
Intan
g
i
bl
e assets not su
bj
ect to amortization ot
h
er t
h
an
goodwill at December 31, 2008 and 2007 were not signifi cant
.
The changes in the carrying amount of goodwill, which is
included in other assets in the consolidated balance sheets
,
f
or
the
y
ears ended December 31, 2008 and 2007 were as
f
ollows
: