Amortization of Intangible assets is included in the Income Statement under Depreciation.

Intangible assets have been generated through the following activities:

For the year ended 31 December 2006 development costs are capitalized at cost. These intangible assets have been assessed to have a definite life at 1 January 2006 and are amortized under the straight-line method over a period of two years. These assets are tested for impairment where an indicator of impairment arises.

Patents and licenses represent intangible assets purchased individually or through business combinations. The useful lives of these intangible assets have been estimated as having definite lives of 16 years and are amortized under the straight-line method.

Product portfolio represents intangible assets purchased individually. The useful lives of these intangible assets have been estimated as having definite lives of five years and are amortized under the straight-line method.

Domain name represents an intangible asset purchased individually. It has been assumed that this intangible asset has an indefinite life and is not amortized. The domain name has not been impairment tested as it was acquired in December 2006.