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PRVT » Topics » 7. Other Intangible Assets

This excerpt taken from the PRVT 10-K filed Apr 15, 2009.

7. Other Intangible Assets

Other intangible assets consist of the following:

 

     Years ended December 31,  
     2007    2008    2007     2008     2007     2008  
     Broadcasting asset    Customer Base     Total  
     EUR    EUR    EUR     EUR     EUR     EUR  
     (in thousands)  

Beginning of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Acquisition value (cost)

    —      —      —       —       —       —    
                                  

End of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Accumulated amortization, beg

    —      —      (546 )   (670 )   (546 )   (670 )

Amortization

    —      —      (124 )   (124 )   (124 )   (124 )
                                  

Accumulated amortization, end

    —      —      (670 )   (794 )   (670 )   (794 )
                                  

Net book value

    2,525    2,525    570     446     3,095     2,971  
                                  

Broadcasting asset is deemed to have an indefinite life and is not subject to amortization. The estimated amortization expense for customer base for the three years ended December 31, 2009 to 2011 is EUR 124 thousand per year. The estimated amortization expense the year ended December 31, 2012 is EUR 74.

This excerpt taken from the PRVT 10-K filed Mar 17, 2008.

7. Other Intangible Assets

Other intangible assets consist of the following:

 

     Years ended December 31,  
     2006    2007    2006     2007     2006     2007  
     Broadcasting asset    Customer Base     Total  
     EUR    EUR    EUR     EUR     EUR     EUR  
     (in thousands)  

Beginning of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Acquisition value (cost)

    —      —      0     0     0     0  
                                  

End of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Accumulated amortization, beg

    —      —      (422 )   (546 )   (422 )   (546 )

Amortization

    —      —      (124 )   (124 )   (124 )   (124 )
                                  

Accumulated amortization, end

    —      —      (546 )   (670 )   (546 )   (670 )
                                  

Net book value

    2,525    2,525    694     570     3,219     3,095  
                                  

 

F - 12

PRIVATE MEDIA GROUP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

Broadcasting asset is deemed to have an indefinite life and is not subject to amortization. The estimated amortization expense for customer base for the four years ended December 31, 2008 to 2011 is EUR 124 thousand per year. The estimated amortization expense the year ended December 31, 2012 is EUR 74.

This excerpt taken from the PRVT 10-K filed Apr 2, 2007.

7. Other Intangible Assets

Other intangible assets consist of the following:

 

     Years ended December 31,  
     2005    2006    2005     2006     2005     2006  
     Broadcasting asset    Customer Base     Total  
     EUR    EUR    EUR     EUR     EUR     EUR  
     (in thousands)  

Beginning of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Acquisition value (cost)

    —      —      —       —       —       —    
                                  

End of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Accumulated amortization, beg

    —      —      (298 )   (422 )   (298 )   (422 )

Amortization

    —      —      (124 )   (124 )   (124 )   (124 )
                                  

Accumulated amortization, end

    —      —      (422 )   (546 )   (422 )   (546 )
                                  

Net book value

    2,525    2,525    818     694     3,343     3,219  
                                  

Broadcasting asset is deemed to have an indefinite life and is not subject to amortization. The estimated amortization expense for customer base for the five years ended December 31, 2007 to 2011 is EUR 124 thousand per year.

This excerpt taken from the PRVT 10-K filed Mar 31, 2006.

9. Other Intangible Assets

Other intangible assets consist of the following:

 

     Years ended December 31,  
     2004    2005    2004     2005     2004     2005  
     Broadcasting asset    Customer Base     Total  
     EUR    EUR    EUR     EUR     EUR     EUR  
     (in thousands)  

Beginning of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Acquisition value (cost)

    —      —      —       —       —       —    
                                  

End of year

    2,525    2,525    1,240     1,240     3,765     3,765  

Accumulated amortization, beg

    —      —      (174 )   (298 )   (174 )   (298 )

Amortization

    —      —      (124 )   (124 )   (124 )   (124 )
                                  

Accumulated amortization, end

    —      —      (298 )   (422 )   (298 )   (422 )
                                  

Net book value

    2,525    2,525    942     818     3,467     3,343  
                                  

Broadcasting asset is deemed to have an indefinite life and is not subject to amortization. The estimated amortization expense for customer base for the five years ended December 31, 2006 to 2010 is EUR 124 thousand per year.

 

F - 15

PRIVATE MEDIA GROUP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

EXCERPTS ON THIS PAGE:

10-K
Apr 15, 2009
10-K
Mar 17, 2008
10-K
Apr 2, 2007
10-K
Mar 31, 2006

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