Financial valuation Applications and Models phần 9

còn lại hoặc số tiền còn lại tương đương với thiện chí. Hãy nhớ, thiện chí bao gồm lực lượng lao động lắp ráp, nhưng lực lượng lao động lắp ráp có giá trị riêng biệt để có được trở lại góp phần cho quyền sở hữu trí tuệ & D và công nghệ. Như một kết quả và theo SFAS số 141, | 814 VALUATION OF INTANGIBLE ASSETS Exhibit Target Company Valuation of Goodwill as of December 31 2001 000s Cash and Acquisition Costs 150 000 Debt-Free Current Liabilities 25 000 Current Maturities of Long-Term Debt 4 000 Long-Term Debt 30 000 Adjusted Purchase Price 209 000 Less Fair Value of Current Assets 41 500 Less Fair Value of Tangible Assets 41 000 Less Fair Value of Intangible Assets Software 7 070 Customer Base 6 490 Trade Name 23 760 Noncompete Agreement 9 300 Technology 13 500 In-Process Research and Development __ _4_ 3_3__0 Residual Goodwill 6__2__ 0__50_ Note Some amounts may not foot due to rounding. Copyright 2002 by John Wiley Sons Inc. Used with permission. remainder or residual amount equates with goodwill. Keep in mind goodwill includes assembled workforce but assembled workforce was valued separately to obtain a contributory return for IPR D and technology. As a result and pursuant to SFAS No. 141 the indicated value of assembled workforce must be added to the indicated value of goodwill to arrive at the fair value of goodwill for financial statement reporting For financial reporting purposes included in the goodwill value is the fair value of the assembled workforce of 1 790 000. Based on this analysis the fair value of Goodwill on December 31 2001 was 62 050 000 Exhibit . ALLOCATION OF PURCHASE PRICE The summary allocation of values is presented in Exhibit . In this exhibit the valuation conclusions are separated into three groups total current and tangible assets total intangible assets and goodwill. Individual asset valuations are presented within each group. In addition to presenting the summary of values this schedule provides a general sanity check in the form of a weighted return calculation. The weighted return calculation employs the rate of return for each asset weighted according to its fair value relative to the whole. The weighted return can equal or approximate the over- 96FASB Statement of .