Annual Report 2012


>> P.72

THEAMORTIZATIONANDBALANCEOFNEGATIVEGOODWILLFORTHEYEARENDEDANDASOFMARCH31,2012RELATEDTOABUSINESSCOMBINATIONPRIORTOAPRIL1,2011ISASFOLLOWS:MILLIONSOFYENYEARENDEDMARCH31,2012CONTAINERSHIPBULKSHIPPINGOTHER(NOTE)ADJUSTMENTSANDELIMINATIONSTOTALAMORTIZATIONFORTHEYEAR¥29¥1¥—¥—¥30BALANCEATTHEYEAREND—4——4MILLIONSOFYENYEARENDEDMARCH31,2011CONTAINERSHIPBULKSHIPPINGOTHER(NOTE)ADJUSTMENTSANDELIMINATIONSTOTALAMORTIZATIONFORTHEYEAR¥28¥3¥—¥—¥31BALANCEATTHEYEAREND286——34THOUSANDSOFU.S.DOLLARSYEARENDEDMARCH31,2012CONTAINERSHIPBULKSHIPPINGOTHER(NOTE)ADJUSTMENTSANDELIMINATIONSTOTALAMORTIZATIONFORTHEYEAR$353$12$—$—$365BALANCEATTHEYEAREND—49——49NOTE:“OTHER”MAINLYCONSISTSOFLOGISTICSANDHARBORTRANSPORTATIONSERVICES.20.BUSINESSCOMBINATIONSCOMMONCONTROLTRANSACTIONS1.ABSORPTION-TYPEMERGERSSALHEAVYLIFTGMBH,FORMERLYSALSCHIFFAHRSKONTORALTESLANDGMBH&CO.KG,WASMERGEDWITH34COMPANIESINCLUDINGHLLHEAVYLIFT+LOADANNEGRETGMBH&CO.KG.(1)SUMMARYOFBUSINESSCOMBINATION(I)NAMEANDBUSINESSDESCRIPTIONOFACQUIREDCOMPANIESCOMPANYNAMEBUSINESSDESCRIPTIONSURVIVINGCOMPANYSALHEAVYLIFTGMBHHEAVYLIFTERBUSINESSACQUIREDCOMPANIESHLLHEAVYLIFT+LOADANNEGRETGMBH&CO.KGANDOTHER15COMPANIESVESSELHOLDINGCOMPANYHLLHEAVYLIFT+LOADANNEGRETVERWALTUNGGMBHANDOTHER15COMPANIESSTOCKHOLDINGCOMPANYSALTRANSPORTGMBHLOGISTICSBUSINESSSALHEAVYLIFTENGINEERINGGMBHSHIPMANAGEMENTBUSINESS(II)DATESOFCOMBINATIONSMAY31,2011:MERGEROFHLLHEAVYLIFT+LOADANNEGRETGMBH&CO.KGANDOTHER15COMPANIES(VESSELHOLDINGCOMPANY)ANDHLLHEAVYLIFT+LOADANNEGRETVERWALTUNGGMBHANDOTHER15COMPANIES(STOCKHOLDINGCOMPANY)JUNE30,2011:MERGEROFSALTRANSPORTGMBHANDSALHEAVYLIFTENGINEERINGGMBH(III)LEGALDESCRIPTIONOFBUSINESSCOMBINATIONSABSORPTION-TYPEMERGERSINWHICHSALHEAVYLIFTGMBHWASTHESURVIVINGCOMPANYAND34COMPANIESINCLUDINGHLLHEAVYLIFT+LOADANNEGRETGMBH&CO.KGWERETHECOMPANIESABSORBEDVIATHEMERGER(IV)NAMEOFSURVIVINGCOMPANYAFTERBUSINESSCOMBINATIONSSALHEAVYLIFTGMBH(V)MAINPURPOSEFORBUSINESSCOMBINATIONSMAINPURPOSESFORTHESEBUSINESSCOMBINATIONSWERERELATEDTOTHEREDUCTIONOFEXPENDITURESBYSIMPLIFYINGTHEACQUISITIONOFADDITIONALSHARESANDCOMBININGADMINISTRATIVEFUNCTIONS.(2)SUMMARYOFACCOUNTINGTREATMENTTHEABOVEMERGERSWERETREATEDASTRANSACTIONSUNDERCOMMONCONTROLPURSUANTTO“ACCOUNTINGSTANDARDFORBUSINESSCOMBINA-TIONS”(ASBJSTATEMENTNO.21,ISSUEDONDECEMBER26,2008),AND“IMPLEMENTATIONGUIDANCEONACCOUNTINGSTANDARDFORBUSI-NESSCOMBINATIONSANDBUSINESSDIVESTITURES”(ASBJGUIDANCENO.10,ISSUEDONDECEMBER26,2008).72ANNUALREPORT2012


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