Annual Report 2012 - Knorr-Bremse AG.

156
Notes to the Consolidated Financial Statements
3
Intangibles
This heading includes primarily the acquisition of goodwill, patents, rights to the use of names and
trademarks, and IT software. IT software and goodwill account for the majority of additions.
Any resulting goodwill is subject to scheduled amortization over a period of not more than 20 years.
Other intangibles are subject to scheduled depreciation over periods of between three and 10 years.
In fiscal year 2012 an additional provision in the amount of EUR 18.7 million was made against goodwill
in Knorr-Bremse Systeme für Schienenfahrzeuge Ibero Holding GmbH, Munich/Germany.
All intangible assets have a limited useful life.
4
Fixed assets
Movements of fixed assets are presented in the compilation on the preceding pages. To take technical
and economic factors into account, scheduled depreciation was applied to acquisition costs.
5
Investments
Investment movements are set out in the compilation above.
The company Gorilla Brake & Components, Inc., Brantfort, Ontario/Canada, hitherto valued using the equity
method, was sold in fiscal year 2012. Miscellaneous investments consist of miscellaneous loans (TEUR
16,624), loans to affiliated companies (TEUR 42,508), long-term investments (TEUR 1,823), and investments
in other companies (TEUR 149).
List of shareholdings
1 Consolidated affiliated companies Share in
capital in %
Albatros GmbH, Munich/Germany 100.0
Anchor Brake Shoe Company LLC, West Chicago/USA 100.0
BCVS Canadian Holdings LLC, Anjou, Quebec/Canada 100.0
BCVS Mexican Holdings LLC, Cd Acuña, Coah/Mexico 100.0
Bendix Commercial Vehicle Systems LLC, Elyria, Ohio/USA 100.0
Bendix CVS Canada Inc., Anjou, Quebec/Canada 100.0
Bendix CVS de Mexico SA de CV, Cd Acuña, Coah/Mexico 100.0
Bendix Spicer Foundation Brake Canada, Inc., Kingston, Ontario/Canada 100.0
Bendix Spicer Foundation Brake LLC, Elyria, Ohio/USA 80.0
Bost Ibérica S.L., San Fernando de Henares/Spain 100.0
BSFB Holdings, Inc., Elyria, Ohio/USA 100.0
Comet Fans S.r.l., Solaro, Milan/Italy 100.0
Dr. techn. Josef Zelisko Ges.m.b.H., Mödling/Austria 100.0
Freinrail Systèmes Ferroviaires S.A., Reims/France 100.0
Hasse & Wrede CVS Dalian, China Ltd., Dalian/China 70.0