AEG 21604 G Bedienungsanleitung PDF herunterladen (Seite 583)

100

101

F-342

The research and development expense presented above comprises total costs for the year of € 9,888,000.

€ 3,227,000 has been subtracted from this amount. This represents the net of € 3,583,000 of projects capitalised

during 2008 less amortisation of € 245,000 and less the write-off of previously capitalised projects with a net

book value of € 111,000.

8 Other operating income

Other income, net, consists of the following for the period:

2008

2007

€ 1,000

Waiver of liabilities due to Alcatel-Lucent

3,241

–

Other operating income relates principally to the reversal of the estimated additional purchase consideration

recorded as a provision upon the acquisition of the SPS Group from Alcatel-Lucent. At the time of the acquisi-

tion, Alcatel-Lucent requested an additional payment of € 2,813,000. Ripplewood Holdings contested the re-

mainder of the Alcatel-Lucent request and filed a counter-claim under the terms of the Share Sale and Purchase

Agreement amounting to € 5,839,000. This contingent gain was not recorded.

On 19 December 2008, the Company signed a settlement agreement whereby Alcatel-Lucent agreed to pay AEG

Power Solutions B.V. the following amounts:

• € 600,000 in relation to an Italian court claim in respect of the insolvency proceedings of the Tecnosis-

temi Group for which Alcatel-Lucent had guaranteed any payment for this claim under the Share Sale

and Purchase Agreement.

• Up to € 60,000 in full and final settlement of a claim by Eudosea. This case is still pending. The final

amount of the indemnity is not yet known.

All remaining rights and entitlements to claims between the two entities were irrevocably waived as part of this

settlement agreement.

Consequently € 3,241,000 has been recorded as other income in respect of the amounts due to Alcatel-Lucent in

the context of the original SPA and include € 2,190,000 contingent purchase price provision outstanding at 31

December 2007, the Technosistemi and Eudosea claims referred to above for € 660,000, the residual purchase

price debt due to Alcatel-Lucent for € 243,000 and other miscellaneous liabilities due to Alcatel-Lucent for €

148,000.

9 Other operating expenses

2008

2007

€ 1,000

Restructuring costs (see note 22) ................................................................

....

(2,091)

(1,827)

Net loss on sale of fixed assets................................................................

........

(68)

(33)

Other ................................................................................................

...............

(139)

(259)

(2,298)

(2,119)

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