Software costs the leasehold company improvements are

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Unformatted text preview: italizes certain aosts related to the c mortized using the straight-lineand acquisition method oevelopment of dver the original term of the lease or software and the useful these the Buildings 5 – 45 amortizes life of years improvement, costs using the whichever ismethod straight-line shorter. The over the estimated Cseful life ofProperty u ompany’s the aoftware, which is s nd Equipment is depreciatedyears. three to six using The Company is tnvolved in litigation These costs are i he following estimated useful included in the arising from lives: course of Formal Fixtures n urniture, ausiness. In bnd Equipment as discussed further in management’s Npinion,Certain o ote 4. this development costs litigation is not not meeting have a expected to the criteria for material adverse capitalization are effect on the expensed as Company’s incurred. consolidated financial condition, results of operations or cash flows. Goodwill represents the excess of purchase price over the fair value of net assets acquired. Page 38 - For China, $97 million impairment Furniture, Fixtures and Equipment 2 – 20 years Leasehold Improvements 5 – 45 years The Financial Statements have been Audited by KPMG LLP - They gave the statements an unqualified opinion....
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This document was uploaded on 04/05/2014.

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