XML 26 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
Goodwill by reporting unit as at December 31, 2011 and December 31, 2010 is summarized as follows:

 
Gross Balance, December 31, 2009
Accumulated Impairment Losses
Balance, December 31, 2009
Additions/
Adjustments
Impairment Charge
Foreign Currency
Balance, December 31, 2010
Accumulated Impairment Losses
Gross Balance, December 31, 2010
Broadcast segment:
 
 
 
 
 
 
 
 
 
Bulgaria
64,044

(64,044
)

115,641


(1,308
)
114,333

(64,044
)
178,377

Croatia
11,211

(10,454
)
757



(60
)
697

(10,454
)
11,151

Czech Republic
936,268


936,268



(19,123
)
917,145


917,145

Romania
69,825


69,825



(5,848
)
63,977


63,977

Slovak Republic
62,990


62,990



(4,565
)
58,425


58,425

Slovenia
20,398


20,398



(1,478
)
18,920


18,920

Media Pro
Entertainment segment:
 
 
 
 
 
 
 
 
 
Fiction and reality and entertainment
18,537


18,537

2,580


(1,806
)
19,311


19,311

Production services
9,950


9,950

1,240


(879
)
10,311


10,311

Distribution
17,548


17,548

2,336


(1,701
)
18,183


18,183

Total
1,210,771

(74,498
)
1,136,273

121,797


(36,768
)
1,221,302

(74,498
)
1,295,800


 
Gross Balance, December 31, 2010
Accumulated Impairment Losses
Balance, December 31, 2010
Additions/
Adjustments
Impairment Charge
Foreign Currency
Balance, December 31, 2011
Accumulated Impairment Losses
Gross Balance, December 31, 2011
Broadcast segment:
 
 
 
 
 
 
 
 
 
Bulgaria
$
178,377

$
(64,044
)
$
114,333

$

$
(53,416
)
$
(1,983
)
$
58,934

$
(117,460
)
$
176,394

Croatia
11,151

(10,454
)
697



(35
)
662

(10,454
)
11,116

Czech Republic
917,145


917,145



(54,688
)
862,457


862,457

Romania
63,977


63,977

707


(2,606
)
62,078


62,078

Slovak Republic
58,425


58,425



(1,850
)
56,575


56,575

Slovenia
18,920


18,920



(599
)
18,321


18,321

Media Pro
Entertainment segment:
 
 
 
 
 
 
 
 
 

Fiction and reality and entertainment
19,311


19,311

(1,029
)

(780
)
17,502


17,502

Production services
10,311


10,311

1,029

(11,028
)
(312
)

(11,028
)
11,028

Distribution
18,183


18,183

1,477


(996
)
18,664


18,664

Total
$
1,295,800

$
(74,498
)
$
1,221,302

$
2,184

$
(64,444
)
$
(63,849
)
$
1,095,193

$
(138,942
)
$
1,234,135


Schedule Of Intangible Assets Net [Table Text Block]
The net book value of our broadcast licenses and other intangible assets as at December 31, 2011 and December 31, 2010 is summarized as follows:

 
Indefinite-Lived Broadcast Licenses

 
Amortized Broadcast Licenses

 
Trademarks

 
Customer Relationships

 
Other

 
Total

Balance, December 31, 2009
$
58,506

 
$
152,488

 
$
74,580

 
$
61,377

 
$
6,292

 
$
353,243

Additions

 
178,158

 
74,066

 
37,322

 

 
289,546

Impairment

 

 
(397
)
 

 

 
(397
)
Amortization

 
(15,133
)
 
(1,516
)
 
(8,249
)
 
(1,089
)
 
(25,987
)
Foreign currency movements
(4,670
)
 
(5,968
)
 
(5,061
)
 
(4,654
)
 
(411
)
 
(20,764
)
Balance, December 31, 2010
$
53,836

 
$
309,545

 
$
141,672

 
$
85,796

 
$
4,792

 
$
595,641

Additions

 

 

 

 
2,034

 
2,034

Impairment

 

 
(4,304
)
 

 

 
(4,304
)
Amortization

 
(18,759
)
 
(5,692
)
 
(9,200
)
 
(1,230
)
 
(34,881
)
Foreign currency movements
(2,036
)
 
(10,576
)
 
(5,031
)
 
(2,250
)
 
(402
)
 
(20,295
)
Balance, December 31, 2011
$
51,800

 
$
280,210

 
$
126,645

 
$
74,346

 
$
5,194

 
$
538,195

Schedule Of Intangible Assets Gross [Table Text Block]
The gross value and accumulated amortization of broadcast licenses and other intangible assets was as follows at December 31, 2011 and December 31, 2010:

 
December 31, 2011

 
December 31, 2010

Gross value
$
514,640

 
$
538,884

Accumulated amortization
(154,891
)
 
(132,955
)
Net book value of amortized intangible assets
359,749

 
405,929

Indefinite-lived broadcast licenses and trademarks
178,446

 
189,712

Total broadcast licenses and other intangible assets, net
$
538,195

 
$
595,641

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The estimated amortization expense for our intangible assets with finite lives as of December 31, 2011, which includes the change in estimates noted above, is as follows:
2012
$
46,563

2013
46,194

2014
45,573

2015
31,733

2016
31,736

Key Measurements Involved And Valuation Methods Applied [Table Text Block]
The table below shows the key measurements involved and the valuation methods applied:
Measurement
 
Valuation Method
Recoverability of carrying value
 
Undiscounted future cash flows
Fair value of indefinite-lived broadcast licenses
 
Build-out method
Fair value of indefinite-lived trademarks
 
Relief from royalty method
Fair value of reporting units
 
Discounted cash flow model
Schedule Of Impairment Charges [Table Text Block]
We recognized impairment charges in the following reporting units in respect of goodwill and indefinite-lived intangible assets in the year ended December 31, 2011:

 
Trademark
Goodwill
Total
MPE - Production Services
$

$
11,028

$
11,028

Broadcast - Bulgaria
4,304

53,416

57,720

Total
$
4,304

$
64,444

$
68,748

We recognized the following impairment charges in respect of goodwill, indefinite-lived intangible and long-lived assets in the year ended December 31, 2009:

 
Amortized Trademarks
Amortized Broadcast Licenses
Other Intangible Assets
Other Assets
Total
Pro.BG business
$
76

$
75,788

$
4,882

$
1,097

$
81,843