DTV » Topics » Note 5: Intangible Assets

This excerpt taken from the DTV 10-Q filed May 7, 2008.

Note 3: Intangible Assets

        The following table sets forth the amounts recorded for intangible assets as of the periods presented:

 
   
  March 31, 2008
  December 31, 2007
 
  Estimated
Useful
Lives
(years)

 
  Gross
Amount

  Accumulated
Amortization

  Net
Amount

  Gross
Amount

  Accumulated
Amortization

  Net
Amount

 
   
  (Dollars in Millions)

Orbital slots   Indefinite   $ 432         $ 432   $ 432         $ 432
72.5 WL Orbital license   5     208   $ 142     66     208   $ 132     76
Subscriber related   5-10     1,697     1,021     676     1,697     942     755
Dealer network   15     130     72     58     130     71     59
Trade name and other   10-20     102     6     96     95     5     90
Distribution rights   7     334     181     153     334     169     165
       
 
 
 
 
 
  Total intangible assets       $ 2,903   $ 1,422   $ 1,481   $ 2,896   $ 1,319   $ 1,577
       
 
 
 
 
 

        The following table sets forth amortization expense for intangible assets for each of the periods presented:

 
  Three Months
Ended March 31,

 
  2008
  2007
 
  (Dollars in Millions)

Amortization expense   $ 103   $ 103

        Estimated amortization expense for intangible assets in each of the next five years and thereafter is as follows: $309 million in the remainder of 2008; $350 million in 2009; $153 million in 2010; $97 million in 2011; $55 million in 2012; and $85 million thereafter.

This excerpt taken from the DTV 10-Q filed Aug 8, 2006.

Note 5: Intangible Assets

        The following table sets forth the amounts recorded for intangible assets as of the periods presented:

 
   
  June 30, 2006
  December 31, 2005
 
  Estimated
Useful
Lives
(years)

 
  Gross
Amount

  Accumulated
Amortization

  Net
Amount

  Gross Amount
  Accumulated
Amortization

  Net
Amount

 
  (Dollars in Millions)

Orbital slots   Indefinite   $ 432.4         $ 432.4   $ 432.4         $ 432.4
72.5 WL Orbital license   5     181.8   $ 74.1     107.7     162.6   $ 54.4     108.2
Subscriber related   5-10     1,342.1     476.1     866.0     1,340.1     348.7     991.4
Dealer network   15     130.0     57.8     72.2     130.0     53.1     76.9
Distribution rights   7     334.1     98.5     235.6     334.1     74.8     259.3
Intangible pension asset       9.8         9.8     9.8         9.8
       
 
 
 
 
 
  Total Intangible Assets       $ 2,430.2   $ 706.5   $ 1,723.7   $ 2,409.0   $ 531.0   $ 1,878.0
       
 
 
 
 
 

        Amortization expense for intangible assets was $87.7 million for the three month period ended June 30, 2006 and $87.6 million for the three month period ended June 30, 2005. Amortization expense for intangible assets was $175.5 million for the six month period ended June 30, 2006 and $175.3 million for the six month period ended June 30, 2005.

        Estimated amortization expense for intangible assets in each of the next five years and thereafter is as follows: $175.5 million in the remainder of 2006; $350.9 million in 2007; $350.9 million in 2008; $258.1 million in 2009; $89.2 million in 2010; and $56.9 million thereafter.

This excerpt taken from the DTV 10-Q filed May 8, 2006.

Note 5: Intangible Assets

        The following table sets forth the amounts recorded for intangible assets as of the periods presented:

 
   
  March 31, 2006
  December 31, 2005
 
  Estimated
Useful
Lives
(years)

 
  Gross
Amount

  Accumulated
Amortization

  Net
Amount

  Gross Amount
  Accumulated
Amortization

  Net
Amount

 
  (Dollars in Millions)

Orbital slots   Indefinite   $ 463.0   $ 30.6   $ 432.4   $ 463.0   $ 30.6   $ 432.4
72.5 WL Orbital license   5     181.8     64.3     117.5     162.6     54.4     108.2
Subscriber related   5-10     1,341.9     412.3     929.6     1,340.1     348.7     991.4
Dealer network   15     130.0     55.5     74.5     130.0     53.1     76.9
Distribution rights   7     334.1     86.7     247.4     334.1     74.8     259.3
Intangible pension asset       9.8         9.8     9.8         9.8
       
 
 
 
 
 
  Total Intangible Assets       $ 2,460.6   $ 649.4   $ 1,811.2   $ 2,439.6   $ 561.6   $ 1,878.0
       
 
 
 
 
 

        Amortization expense for intangible assets was $87.8 million for the three month period ended March 31, 2006 and $87.7 million for the three month period ended March 31, 2005.

        Estimated amortization expense for intangible assets in each of the next five years and thereafter is as follows: $263.2 million in the remainder of 2006; $350.9 million in 2007; $350.9 million in 2008; $258.1 million in 2009; $89.2 million in 2010; and $56.7 million thereafter.

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