Document x5d3rNn08NJX2MzYpO2Jj74JQ

Dana Corporation Page 97 of 176 Table of Contents the future. Our initial impairment test indicated that the carrying amounts of some of our reporting units exceeded the corresponding fair values, which were determined based on the discounted estimated future cash flows of the reporting units. The implied fair value of goodwill in these reporting units was then determined through the allocation of the fair values to the underlying assets and liabilities. The January 1, 2002 carrying amounts of the goodwill in these reporting units exceeded its implied fair value by $289. The $289 write-down of goodwill to its fair value as of January 1, 2002, net of $69 of related tax benefits, has been reported in 2002 as the effect of a change in accounting in the accompanying financial statements. The goodwill included in the consolidated balance sheet as of December 31, 2001, which included the $289 described above, was supported by the undiscounted estimated future cash flows of the related operations. Changes in goodwill during the years ended December 31, 2003 and 2002, by operating segment, are presented in the following table. Balance at December 31, 2002 Discontinued Operations Effect Effect of Currency and Other Balance at December 31, 2003 Automotive Systems Group Automotive Aftermarket Group Engine and Fluid Management Group Heavy Vehicle Technology & Systems Group $184 30 236 118 $ 13 $197 $(32) 2 236 7 125 $568 $(32) $ 22 $558 " -- Balance at December 31, 2001 Effect of Adopting SFAS 142 Effect of Balance at Currency December 31, and Other 2002 Automotive Systems Group Automotive Aftermarket Group Engine and Fluid Management Group Heavy Vehicle Technology & Systems Group $185 112 423 121 $ (12) (79) (189) (9) $ 11 (3) 2 6 $184 30 236 118 $841 wmm $(289) $ 16 $568 SFAS No. 142 does not provide for restatement of our results of operations for periods ended prior to January 1, 2002. The following table reconciles the reported net results for the year ended December 31, 49 http://www.sec.gOv/Archives/edgar/data/26780/000095015204001384/105571ael0vk.htm 8/1/2004