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## 8. Property, Plant and Equipment 

Property, plant and equipment at book value consist of the following: 

<img src='content_image/34403.jpg'>

The book values of property, plant and equipment are derived from acquisition costs. Accumulated depreciation of property, plant and equipment amounted to € 51.1 million (previous year: € 41.2 million). 

Property, plant and equipment include leased assets to the amount of € 0.8 million (previous year: € 1.1 million) which largely relate to operating and office equipment in various subsidiaries (mainly Australia). 

Last year, payments on account and assets under construction included down-payments on the extension to the administration building in Herzogenaurach which was completed and also occupied in financial year 2004. As of December 31, 2004, the 

## 9. Goodwill 

This item includes goodwill associated with the acquisition and initial consolidation of companies in Great Britain, Sweden and Japan, net of accumulated amortisation. Scheduled amortisation 

## 10. Other Intangible Assets 

The development of this item during financial year 2004 is shown in the Appendix attached to the consolidated financial statements; it mainly includes asset values connected with own 

item also includes down-payments on the new administration building in Switzerland and down-payments on capitalizable renovation costs. 

The breakdown of property, plant and equipment and their development in the 2004 financial year are shown in the Appendix attached to the consolidated financial statements. Extraordinary depreciation to the lower net realizable value due to impairment in value was not effected in financial year 2004. 

to the amount of € 1.7 million was recorded during the financial year. Extraordinary amortisation due to impairment in value was not necessary in the financial year. 

retail activities. Extraordinary amortisation due to impairment in value was not necessary. 

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