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Deutsche Telekom AG - Interim Group report - January 1 to March 31, 2011

58 The EUR 24.4 billion or 45.3 percent decrease in intangible assets compared with the end of 2010 was mainly the result of the following effects. The assets of the United States operating segment (T-Mobile USA) were reported as held for sale with a carrying amount of EUR 22.7 billion and are therefore no longer included in intangible assets. Of this, EUR 17.4 billion was attributable to FCC licenses and EUR 4.5 billion to goodwill. Exchange rate effects of EUR 1.3 billion and amortization of EUR 0.8 billion also contributed to the decrease in intangible assets. Additions of EUR 0.4 billion (including the adjust- ment to the carrying amount of Put Option II granted to the Hellenic Republic in the share purchase agreement) offset the decrease in the carrying amounts. The purchase price allocation for ClickandBuy was finalized in the first quarter of 2011, resulting in goodwill from ClickandBuy of EUR 76 million. The aforementioned change in disclosure also had a significant impact on property, plant and equipment, with a total carrying amount of EUR 8.2 billion reported as held for sale in the first quarter of 2011. The figure was also re- duced by depreciation and impairment losses of EUR 1.8 billion and exchange rate effects of EUR 0.4 billion, especially from the translation of U.S. dollars into euros. This was offset by additions of EUR 1.2 billion. Intangible assets and property, plant and equipment. Mar. 31, 2011 millions of € Dec. 31, 2010 millions of € Change millions of € Change % Mar. 31, 2010 millions of € Intangible assets 29,432 53,807 (24,375) (45.3) 53,413 Of which: UMTS licenses 5,907 6,055 (148) (2.4) 6,505 Of which: U.S. mobile communications licenses 0 18,442 (18,442) n.a. 18,306 Of which: goodwill 15,867 20,521 (4,654) (22.7) 20,952 Property, plant and equipment 34,923 44,298 (9,375) (21.2) 45,361 T-Mobile USA discontinued operation millions of € Other millions of € Mar. 31, 2011 millions of € Current assets 2,739 - 2,739 Trade and other receivables 1,807 - 1,807 Other current assets 932 - 932 Non-current assets 32,883 43 32,926 Intangible assets 22,748 - 22,748 Property, plant and equipment 8,195 43 8,238 Other non-current assets 1,940 - 1,940 Non-current assets and disposal groups held for sale 35,622 43 35,665   Current liabilities 2,398 - 2,398 Trade and other payables 1,402 - 1,402 Other current liabilities 996 - 996 Non-current liabilities 7,855 - 7,855 Deferred tax liabilities 6,580 - 6,580 Other non-current liabilities 1,275 - 1,275 Liabilities directly associated with non-current assets and disposal groups held for sale 10,253 - 10,253 Furthermore, obligations from operating leases totaling EUR 11.7 billion existed at T-Mobile USA at the reporting date that are no longer included in future obli- gations from the Group’s operating leases.