Crucial 2012 Annual Report Download - page 260

15
INOTERA MEMORIES, INC.
NOTES TO FINANCIAL STATEMENTS
(Continued)
(e) Future lease payments (excluding interest component) classified as capital lease or operating lease as of
December 31, 2011, were as follows:
December 31, 2011
Duration Capital lease Operating lease
(in thousands of
US Dollars)
2012.1.1~2012.12.31 $ 165,728 1,990
2013.1.1~2013.12.31 183,935 1,990
2014.1.1~2014.12.31 204,143 1,990
2015.1.1~2015.12.31 226,571 1,990
On and after 2016.1.1 1,883,806 17,910
Total $ 2,664,183 25,870
(10) Intangible Asset - Technical know-how
The cost and accumulated amortization of an intangible asset as of and for the years ended December 31, 2009,
2010 and 2011, were as follows:
Technical know-how
Cost:
Balance of January 1, 2009 $ —
Acquisition 1,627,700
Balance of December 31, 2009 $ 1,627,700
Balance of December 31, 2010 $ 1,627,700
Balance of December 31, 2011 $ 1,627,700
Accumulated amortization:
Balance of January 1, 2009 $ —
Amortization expense in 2009 180,856
Balance of December 31, 2009 180,856
Amortization expense in 2010 723,422
Balance of December 31, 2010 904,278
Amortization expense in 2011 723,422
Balance of December 31, 2011 $ 1,627,700
Net book value:
Balance of December 31, 2009 $ 1,446,844
Balance of December 31, 2010 $ 723,422
Balance of December 31, 2011 $ —