text: **Investment in LandÑlls**
  
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              [html]<thead><tr><tdcolspan="10">IAC 0000900g SubNeS fellect changes in old ultrestinest in tabdilitis for the Venfection</td></tr><tr><td></td><td></td><tdcolspan="2">2003 and 2004 and the future</td><tdcolspan="2">expected</td><tdcolspan="2">investment</td><tdcolspan="2">as of</td><tdcolspan="2">December</td><tdcolspan="2">31</td></tr></thead><tbody><tr><td>1.2004</td><td></td><td>( in millions )</td><td>Balance as of December 31.2001</td><td>Capital Additions</td><td>Landfill Acquisition</td><td>Transfers and Mjustments</td><td>Additions Charged to Expense</td><td>Balance as of December 31.2002</td><td>Non - depletable landfill land</td><td>$</td><td>50.5</td><td>$ 3.3</td><td>$ —</td></tr><tr><td>$</td><td></td><td>. 2</td><td>$</td><td>—</td><td>$</td><td>54.0</td><td>Landfill development costs</td><td>958.8</td><td>18.1</td><td>5.1</td><td>44.3</td><td>—</td><td>1.026.3</td></tr><tr><td>Construction in progress — landfill</td><td></td><td>17.6</td><td>56.0</td><td>—</td><td>( 41.3 )</td><td>—</td><td>32.3</td><td>Accumulated depletion and amortization</td><td>_ ( 237.0 )</td><td>_______</td><td>___</td><td>______3</td><td>_ ( 67.4 )</td></tr><tr><td>__ ( 304.1 )</td><td></td><td>Net investment in landfill land and development costs...</td><td>$ 789.9</td><td>$ 77.4</td><td>$ 5.1</td><td>$—===</td><td>$( 67.4 )</td><td>$ _808.5</td><td>Balance as of December 31.2002</td><td>Cumulative Effect of Changes in Accounting Principles</td><td>Capital Additions</td><td>Landfill Acquisitions</td><td>Transfers snd Adjustments</td></tr><tr><td>Non - Cash Additions for Asset Retirement Obligations</td><td></td><td>Additions Charged to Expense</td><td>Balance as of December 31.2003</td><td>Non - depletable landfill land</td><td>$</td><td>54.0</td><td>$</td><td>—</td><td>$. 1</td><td>$</td><td>. 5</td><td>$ ( 5.1 )</td><td>$ —</td></tr><tr><td>$</td><td></td><td>—</td><td>$</td><td>49.5</td><td>Landfill development costs</td><td>1.026.3</td><td>188.6</td><td>3.7</td><td>28.9</td><td>69.8</td><td>17.9</td><td>—</td><td>1.335.2</td></tr><tr><td>Construction in progress — landfill</td><td>32.3</td><td>—</td><td>78.7</td><td>—</td><td>( 50.2 )</td><td>—</td><td>—</td><td>60.8</td><td>Accumulated depletion and amortization</td><td>_ ( 304.1 )</td><td>( 248.4 )</td><td>—</td><td>—</td></tr><tr><td>. 7</td><td>—</td><td>_ ( 92.8 )</td><td>_ ( 644.6 )</td><td>Net investment in landfill land and development costs...</td><td>$ 808.5</td><td>$ ( 59.8 )</td><td>$ 82.5</td><td>$ 29.4</td><td>$ 15.2</td><td>$ 17.9</td><td>$( 92.8 )</td><td>$ 800.9</td><td>Balance as of December 31.2003</td></tr><tr><td>Capital Additions</td><td></td><td>Retirements</td><td>Landfill Acquisitions</td><td>Transfers and Adjustments</td><td>Non - Cosh Additions for Asset Retirement Obligations</td><td>Additions Charged to Expense</td><td>Balance as of December 31.2004</td><td>Non - depletable landfill land</td><td>$</td><td>49.5</td><td>$ 1.0</td><td>$ —</td><td>$ 1.5</td></tr><tr><td>$</td><td>1.4</td><td>$ —</td><td>$</td><td>—</td><td>$</td><td>53.4</td><td>Landfill development costs</td><td>1.335.2</td><td>6.6</td><td>( 1.9 )</td><td>28.9</td><td>102.4</td><td>15.3</td></tr><tr><td>—</td><td>1.486.5</td><td>Construction in progress — landfill....</td><td>60.8</td><td>78.9</td><td>—</td><td>—</td><td>( 100.6 )</td><td>—</td><td>—</td><td>39.1</td><td>Accumulated depletion and amortization</td><td>− 100 ( 044.6 )</td><td>—</td></tr><tr><td>1.9</td><td>1.0</td><td>___ (. 8 )</td><td>—</td><td>...( 98.4 )</td><td>( 742.9 )</td><td>Net investment in landfill land and development costs...</td><td>$ _800.9</td><td>$ 86.5</td><td>$ — ==</td><td>$ 29.4</td><td>$—====</td><td>$ 15.3</td><td>$( 98.4 )</td></tr><tr><td>$ _836.1</td><td>Balance as of December 31.2004</td><td>Expected Future Investment</td><td>Total Expected Investment</td><td>Non - depletable landfill land</td><td>$</td><td>53.4</td><td>$</td><td>—</td><td>$</td><td>53.4</td><td>Landfill development costs</td><td>1.486.5</td><td>1.524.1</td></tr><tr><td>3.010.6</td></tr><tr></tr><tr></tr><tr></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr><tr><td></td></tr></tbody>
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