Toshiba 2007 Annual Report Download - page 94

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Thousands of U.S. dollars
Gross carrying Accumulated Net carrying
March 31, 2007 amount amortization amount
Other intangible assets subject to amortization:
Software $1,384,271 $ 869,483 $ 514,788
Technical license fees 707,619 283,246 424,373
Core and current technology 1,459,000 32,212 1,426,788
Other 503,830 126,694 377,136
Total $4,054,720 $ 1,311,635 2,743,085
Other intangible assets not subject to amortization:
Brand name 420,178
Other 41,678
Total 461,856
$3,204,941
Intangible assets acquired during the year ended March 31, 2007 primarily consisted of goodwill of ¥350,785 million
($2,972,754 thousand) and core and current technology of ¥171,377 million ($1,452,347 thousand). The weighted-average
amortization period of core and current technology for the year ended March 31, 2007 was approximately 22.4 years.
The weighted-average amortization periods for other intangible assets were approximately 15.2 years and 5.3 years for the
years ended March 31, 2007 and 2006, respectively. Amortization expenses of other intangible assets subject to amortization
for the years ended March 31, 2007 and 2006 were ¥42,376 million ($359,119 thousand) and ¥32,303 million, respectively.
The future amortization expense for each of the next 5 years relating to intangible assets currently recorded in the consoli-
dated balance sheets at March 31, 2007 is estimated as follows:
Thousands of
Year ending March 31 Millions of yen U.S. dollars
2008 ¥ 43,354 $ 367,407
2009 36,130 306,186
2010 28,465 241,229
2011 23,569 199,737
2012 18,947 160,568
Goodwill represents the excess of the purchase price over the fair value of the net assets acquired. The changes in the carrying
amount of goodwill for the years ended March 31, 2007 and 2006 are as follows:
Thousands of
Millions of yen U.S. dollars
Year ended March 31 2007 2006 2007
Balance at beginning of year ¥24,191 ¥20,249 $205,009
Goodwill acquired during the year 350,785 2,575 2,972,754
Foreign currency translation adjustments (6,439) 1,367 (54,568)
Balance at end of year ¥368,537 ¥24,191 $3,123,195
Notes to Consolidated Financial Statements
Toshiba Corporation and Subsidiaries
March 31, 2007