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This excerpt taken from the PNC 10-K filed Mar 2, 2009. NOTE 11 PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:
Depreciation expense on premises, equipment and leasehold improvements totaled $225 million in 2008, $178 million in 2007 and $180 million in 2006. Amortization expense, primarily for capitalized internally developed software, was
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Table of ContentsThis excerpt taken from the PNC 10-K filed Feb 29, 2008. NOTE 9 PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:
This excerpt taken from the PNC 10-K filed Feb 4, 2008. NOTE 10 PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:
Depreciation expense on premises, equipment and leasehold improvements totaled $180 million in 2006, $192 million in 2005 and $159 million in 2004. Amortization expense, primarily for capitalized internally developed software, was $44 million in 2006 and $43 million for both 2005 and 2004. We lease certain facilities and equipment under agreements expiring at various dates through the year 2071. We account for substantially all such leases as operating leases. Rental expense on such leases amounted to $193 million in 2006, $189 million in 2005 and $174 million in 2004. Required minimum annual rentals that we owe on noncancelable leases having initial or remaining terms in excess of one year totaled $965 million at December 31, 2006 and $998 million at December 31, 2005. Minimum annual rentals for the years 2007 through 2012 and thereafter are as follows:
This excerpt taken from the PNC 10-K filed Mar 1, 2007. NOTE 10 PREMISES, EQUIPMENT AND LEASEHOLD IMPROVEMENTS Premises, equipment and leasehold improvements, stated at cost less accumulated depreciation and amortization, were as follows:
Depreciation expense on premises, equipment and leasehold improvements totaled $180 million in 2006, $192 million in 2005 and $159 million in 2004. Amortization expense, primarily for capitalized internally developed software, was $44 million in 2006 and $43 million for both 2005 and 2004. We lease certain facilities and equipment under agreements expiring at various dates through the year 2071. We account for substantially all such leases as operating leases. Rental expense on such leases amounted to $193 million in 2006, $189 million in 2005 and $174 million in 2004. Required minimum annual rentals that we owe on noncancelable leases having initial or remaining terms in excess of one year totaled $965 million at December 31, 2006 and $998 million at December 31, 2005. Minimum annual rentals for the years 2007 through 2012 and thereafter are as follows:
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