2012 Half year financial report

Amortisation and depreciation for the period, divided by category, is shown below:


In thousands of Euros
1st half
2012
1st half
2011

Change
Property, plant and equipment:
Buildings 2,222 2,030 192
Plant and equipment 7,427 7,135 292
Industrial and commercial equipment 7,879 8,188 (309)
Other assets 916 953 (37)
Total depreciation of tangible fixed assets 18,444 18,306 138
In thousands of Euros 1st half 2012 1st half of
2011
Change
Intangible assets:
Development costs 11,152 13,995 (2,843)
Industrial patent rights and intellectual property rights
8,241 8,133 108
Concessions, licences, trademarks and similar rights 4,519 4,519 0
Other 380 409 (29)
Total amortisation of intangible fixed assets 24,292 27,056 (2,764)

As set out in more detail in the paragraph on intangible assets, as of 1 January 2004, goodwill is no longer amortised, but tested annually for impairment.
The impairment test carried out as of 31 December 2011 confirmed the full recoverability of the amounts recorded in the financial statements. At the date when this Report was prepared, no indicators were identified of an extent that would make the conclusions reached at the end of 2011 no longer applicable.
Amortisation under the item “Concessions, licences, trademarks and similar rights” includes €/000 2,993 of amortisation for the Aprilia brand and €/000 1,523 for the Guzzi brand.