Canon 2010 Annual Report Download - page 81
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Please find page 81 of the 2010 Canon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.CANON ANNUAL REPORT 2010 79
Years ended December 31
Millions of yen Offi ce Consumer
Industry and
Others Total
2010: Balance at beginning of year ¥ 39,845 ¥13,303 ¥2,723 ¥ 55,871
Goodwill acquired during the year 79,156 — 3,719 82,875
Translation adjustments and other (11,700) (917) (940) (13,557)
Balance at end of year ¥107,301 ¥12,386 ¥5,502 ¥125,189
Millions of yen Offi ce Consumer
Industry and
Others Total
2009: Balance at beginning of year ¥ 36,966 ¥ 13,279 ¥ 509 ¥ 50,754
Goodwill acquired during the year 2,462 — 2,343 4,805
Translation adjustments and other 417 24 (129) 312
Balance at end of year ¥ 39,845 ¥ 13,303 ¥ 2,723 ¥ 55,871
Thousands of U.S. dollars Offi ce Consumer
Industry and
Others Total
2010: Balance at beginning of year $ 491,914 $164,235 $33,616 $ 689,765
Goodwill acquired during the year 977,234 — 45,914 1,023,148
Translation adjustments and other (144,444) (11,321) (11,605) (167,370)
Balance at end of year $1,324,704 $152,914 $67,925 $1,545,543
Aggregate amortization expense for the years ended
December 31, 2010, 2009 and 2008 was ¥43,866 million
($541,555 thousand), ¥37,994 million and ¥36,715 million,
respectively. Estimated amortization expense for intangible
assets currently held for the next fi ve years ending December
31 is ¥46,572 million ($574,963 thousand) in 2011, ¥36,765 mil-
lion ($453,889 thousand) in 2012, ¥25,030 million ($309,012
thousand) in 2013, ¥16,559 million ($204,432 thousand) in 2014,
and ¥7,190 million ($88,765 thousand) in 2015.
Intangible assets not subject to amortization other than
goodwill at December 31, 2010 and 2009 were not signifi cant.
For management reporting purposes, goodwill is not allocat-
ed to the segments. Goodwill has been allocated to its respec-
tive segment for impairment testing.
The changes in the carrying amount of goodwill by segment,
which is included in other assets in the consolidated balance
sheets, for the years ended December 31, 2010 and 2009 were
as follows:
2010
Thousands of U.S. dollars
Gross carrying
amount
Accumulated
amortization
Software $2,472,161 $1,348,148
Customer relationships 464,654 149,469
Patented technologies 313,889 115,765
License fees 272,938 178,222
Other 206,000 57,297
$3,729,642 $1,848,901