Notes to Consolidated Financial Statements The cost of assets under capital leases was $850 mil- lion at December 31, 2004 and $842 million at December 31, 2003. The net book value of these assets was $531 million at December 31, 2004, and $567 million at December 31, 2003. Amortization of capital assets was $3,096 million  in 2004, $3,086 million in 2003, and $2,985 million  in 2002.  We capitalized total interest cost of $28 million in 2004, $23 million in 2003, and $25 million in 2002. Retirements charged to accumulated amortization were $1,583 million in 2004, $409 million in 2003, and $893 million in 2002. Investments at equity include goodwill of $28 million at December 31, 2004, and $199 million at December 31, 2003. Amortization of deferred charges was $12 million in 2004, $14 million in 2003 and $39 million in 2002. 2004 2003 Brand name 1,986  1,986  Spectrum licences 778  778  Television licences 134  128  Cable licences 18  18  Total 2,916  2,910 OTHER BELL OTHER CONSOLI- NOTE CONSUMER BUSINESS ALIANT CANADA BCE DATED Balance – December 31, 2003 3,058 1,382 531 214 2,576 7,761 Additions 3 4 451 31 75 166 727 Disposals – – – – (18) (18) Foreign exchange and other – – – – (57) (57) Balance – December 31, 2004 3,062 1,833 562 289 2,667 8,413 WEIGHTED WEIGHTED AVERAGE AVERAGE NOTE INTEREST RATE  MATURITY  2004 2003 Bank advances  2.58% N/A 18 24 Notes payable 2.45% 30 days 137 4 BCE Inc. Series P retractable preferred shares  – 351 Long-term debt due within one year  18 1,121 1,140 Total debt due within one year 1,276 1,519 NOTES 2004 2003 Accrued benefit asset  23 1,128 1,728 Future income taxes  8 772 704 Investments at cost 261 253 Long-term notes  and other receivables 135 91 Investments at equity  110 496 Deferred debt issuance costs 82 92 Deferred development costs 8 11 Other  160 84 2,656 3,459 Note  14 : Other Long-Term Assets  Note  15 : Indefinite-Life Intangible Assets Note  16 : Goodwill Note  17 : Debt Due Within One Year N/A: Not applicable. 104 Bell Canada Enterprises  2004 Annual Report