Porsche 2006 Annual Report Download - page 150

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148
The carrying amount of goodwill in the Porsche Group as of July 31, 2007 amounts to T€ 10,820 and
is unchanged compared to the previous year.
To date, the goodwill has not been impaired. Most of the existing goodwill is attributable to Mieschke
Hoffmann und Partner Gesellschaft für Management und IT Beratung mbH, Freiberg am Neckar and
Porsche Enterprises, Inc., Wilmington/Delaware, USA.
Notes to the Consolidated Balance Sheet
2006/07 2005/06
T€ T€
Research and development costs 723,560 443,113
Amortization – 27,445 – 26,110
Investment in capitalized development costs 37,985 31,494
734,100 448,497
(15) Development of intangible 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 investment in capitalized development costs developed as follows: