Exhibit 99.3
CELANESE CORPORATION AND SUBSIDIARIES
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
Additions | ||||||||||||||||||||||
Balance at beginning of year | Charged to Costs and Expenses | Charged to Other Accounts | Deductions | Balance at end of year | ||||||||||||||||||
(in $ millions) | ||||||||||||||||||||||
Year Ended December 31, 2003 | ||||||||||||||||||||||
Deducted from asset accounts: | ||||||||||||||||||||||
Allowance for Doubtful Accounts | 21 | 4 | — | (3 | )(a) | 22 | ||||||||||||||||
Valuation allowance for deferred tax assets | 174 | — | — | (14 | ) | 160 | ||||||||||||||||
Period Ended March 31, 2004 Successor | ||||||||||||||||||||||
Deducted from asset accounts: | ||||||||||||||||||||||
Allowance for Doubtful Accounts | 22 | 1 | — | (1 | )(a) | 22 | ||||||||||||||||
Valuation allowance for deferred tax assets | 160 | — | — | — | 160 | |||||||||||||||||
Period Ended December 31, 2004 | ||||||||||||||||||||||
Deducted from asset accounts: | ||||||||||||||||||||||
Allowance for Doubtful Accounts | 22 | 4 | 0 | (4 | )(a) | 22 | ||||||||||||||||
Valuation allowance for deferred tax assets | 160 | 113 | 448 | (b) | (73 | ) | 648 | |||||||||||||||
Year Ended December 31, 2005 | ||||||||||||||||||||||
Deducted from asset accounts: | ||||||||||||||||||||||
Allowance for Doubtful Accounts | 22 | 2 | 0 | (8 | )(a) | 16 | ||||||||||||||||
Valuation allowance for deferred tax assets | 648 | 20 | 73 | (b) | (31 | )(c) | 710 | |||||||||||||||
(a) | Includes foreign currency translation effects and uncollected accounts written off, net of recoveries |
(b) | Represents amount charged to goodwill as a result of purchase accounting and accumulated other comprehensive income |
(c) | Represents reversal of valuation allowance on German deferred tax assets, primarily net operating loss carryforwards |