Scania Annual Report 2011

105
2009 Goodwill Development Other intangibles 1 Total
Accumulated cost
1 January 1,320 2,489 479 4,288
Additions – 287 28 315
Divestments and disposals – –8 –13 –21
Exchange rate differences –9 – 10 1
Total 1,311 2,768 504 4,583
Accumulated amortisation
1 January – 1,617 314 1,931
Amortisation for the year
– Vehicles and Services – 264 43 307
– Financial Services – – 9 9
Divestments and disposals – –4 –13 –17
Exchange rate differences – – 8 8
Total – 1,877 361 2,238
Accumulated impairment losses
1 January 13 – 13 26
Impairment loss for the year 2 – – 2
Total 15 – 13 28
Carrying amount, 31 December 1,296 891 130 2,317
– of which capitalised expenditures for projects that have been
placed in service 727
– of which capitalised expenditures for projects under development 164
1 Refers mainly to software, which is purchased externally in its entirety.
Scania tests the value of goodwill and other intangible assets at least yearly. Impairment testing is
carried out for cash-generating units, which usually correspond to a reporting unit. Goodwill has
been allocated among a number of cash-generating units, and the amount allocated to each unit
is not significant compared to the Group’s total carrying amount for goodwill. Goodwill that has
been allocated to cash-generating units coincides with the total carrying value of goodwill. The
assumptions used in estimating recoverable amounts are disclosed in Note 2, “Key judgements
and estimates”.
Intangible assets are essentially attributable to capitalised product development expenditures
and “acquisition goodwill”. All goodwill items are attributable to acquisitions of previously
inde pen dent importers/dealers that comprise separate cash-generating units.
financial reports Scania 2011