Porsche 2005 Annual Report Download - page 134

Download and view the complete annual report

Please find page 134 of the 2005 Porsche 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.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

130
T€
Carrying amount as of August 1, 2005 45,350
Changes to consolidated group – 34,530
Additions in fiscal year 2005/06 –
Disposals in fiscal year 2005/06 –
Carrying amount as of July 31, 2006 10,820
Carrying amount as of August 1, 2004 45,350
Changes to consolidated group –
Additions in fiscal year 2004/05 –
Disposals in fiscal year 2004/05 –
Carrying amount as of July 31, 2005 45,350
Goodwill in the Porsche Group developed as follows:
Notes to the Consolidated Balance Sheet
2005/06 2004/05
T€ T€
Research and development costs 443,113 338,136
Amortization – 26,110 – 18,394
Investments in capitalised development costs 31,494 33,655
448,497 353,397
To date, the goodwill has not been impaired. The development of fixed assets in the Group is presented
on the following pages. The information on amortization and impairment also contains amortization of
discontinued operations.
(14) Fixed Assets
Intangible assets include development services acquired, tool cost subsidies, capitalized development
costs for vehicles, goodwill, licenses and software.
Total research and development, i.e. research and non-capitalizable development costs as well as
the investments in capitalized development costs developed as follows: