d lubrication approximately h can be assumed as r B3-HH6A Bevel-helical gear Reduction Box B3

Flender/Flender Gear Units/Bevel-helical gear Reduction Box B3

poration tax in thejointly taxed Group is paid by the parent com-pany. However, the jointly taxed Danish com-panies with positive earnings pay calculatedtax of same to the parent company. The joint-ly taxed Group has joined the on-account taxscheme. Balance sheet Intangible fixed assetsIntangible fixed assets are valued at cost lessdepreciation. Intangible fixed assets are depreciated accord- ing to the straight-line method over theirexpected financial lifetime, on the basis of anindividual evaluation of each case asfollows: Goodwill 5-2 years Leasehold improvements 5 yearsThe net book value of goodwill is evaluated continuously and depreciated over the profitand loss account in cases in where the utilityvalue is estimated to be considerably lowerover an extended period. Tangible fixed assets Tangible fixed assets are valued at cost lessdepreciations and write-downs. Tangiblefixed assets are depreciated according to thestraight-line method over their expectedfinancial lifetime as follows: Wind turbine prototypes: 3-5 years Buildings: 2-2 yearsSpecial installations in buildings: 1 yearsPlant and machinery: 5-1 yearsOther fixtures,fittings and equipment: 3-5 yearsOperating wind turbines in subsidiaryand associated undertakings: 1-1 years Assets costing less than DKK 5,0 are charged to the profit and loss account in theyear of acquisition. Tangible fixed assets under construction are valued at cost. Financial fixed assets Participating interests in subsidiary and associ-ated undertakings are valued according to theequity method at the proportional ownershipshare of the companies shareholders equitywith the addition of goodwill. The share of the ordinary result in subsidiary and associated undertakings is entered at theproportional ownership share under singleitem in the parent companys profit and lossaccount. The shares of tax and extraordinaryitems are included under corresponding itemsin the parent company accounts. Other financial fixed assets are valued at cost l