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SNY » Topics » Pro forma amortization and impairment of intangibles

This excerpt taken from the SNY 20-F filed Apr 11, 2005.

Pro forma amortization and impairment of intangibles

 

Pro forma charges for amortization and impairment of intangibles amounted to €3,950 million in 2004, after the elimination for pro forma purposes of €11 million of amortization relating to Arixtra® and Fraxiparine® and €94 million of amortization of Aventis intangible assets, and after recognition of a charge of €2,398 million for the amortization of the acquired intangible assets of Aventis. Overall, this represents a decrease of 5.3% relative to the 2003 pro forma figure of €4,171 million. The decrease in amortization was mainly due to the effect of exchange rates.

 

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