Send us Feedback

CVS Caremark Corporation (CVS)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

CVS » Topics » NOTE 5 - INTANGIBLES

This excerpt taken from the CVS 8-K filed Aug 8, 2006.

NOTE 5 – INTANGIBLES

The carrying amount of intangible assets was as follows:

 

    

February 2,

2006

    

(Unaudited)

May 4,

2006

  

Amortizing:

     

Customer lists, liquor licenses, covenants not to compete and other

    $ 13.0     $ 13.0  

Accumulated amortization

      (4.0 )     (4.0 )
                
     9.0       9.0  

Non-Amortizing:

     

Liquor licenses

      8.0       8.0  
                
   $ 17.0     $ 17.0  
                

Amortization expense for intangibles was $3, $1 and $1 for the 52 weeks ended February 2, 2006 and for the 13-week periods ended May 4, 2006 and May 5, 2005, respectively. Amortizing intangible assets have remaining useful lives from less than one year to 12 years. Projected annual amortization expense for intangible assets is $3, $3, $2, $1 and $0 for 2006, 2007, 2008, 2009 and 2010, respectively.

 

13

This excerpt taken from the CVS 8-K filed Jun 30, 2006.

NOTE 5 – INTANGIBLES

The carrying amount of intangible assets was as follows:

 

     February 2,
2006		     (Unaudited)
May 4,
2006		  

Amortizing:

     

Customer lists, liquor licenses, covenants not to compete and other

    $ 13     $ 13  

Accumulated amortization

      (4 )     (4 )
                
     9       9  

Non-Amortizing:

     

Liquor licenses

      8       8  
                
   $ 17     $ 17  
                

Amortization expense for intangibles was $3, $1 and $1 for the 52 weeks ended February 2, 2006 and for the 13-week periods ended May 4, 2006 and May 5, 2005, respectively. Amortizing intangible assets have remaining useful lives from less than one year to 12 years. Projected annual amortization expense for intangible assets is $3, $3, $2, $1 and $0 for 2006, 2007, 2008, 2009 and 2010, respectively.

EXCERPTS ON THIS PAGE:

8-K
Aug 8, 2006
8-K
Jun 30, 2006

RELATED TOPICS for CVS:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki