Annual Report 2011 年 報 - Neo-Neon LED Lighting International Ltd

NotES to tHE CoNSoLIDAtED
fINANCIAL StAtEMENtS
19. INTANGIBLE ASSETS
Licenses,
Contracts Customer patent and Non-compete
in progress relationship trademarks agreements Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
COST
At 1st January, 2009 – – 16,381 – 16,381
Currency realignment – – 1 – 1
At 31st December, 2009 – – 16,382 – 16,382
Currency realignment – – 75 – 75
Acquired on acquisition
of subsidiaries 6,391 22,659 92,154 5,199 126,403
At 31st March, 2011 6,391 22,659 108,611 5,199 142,860
AMORTISATION
At 1st January, 2009 – – 6,956 – 6,956
Currency realignment – – 1 – 1
Amortisation for the year – – 2,457 – 2,457
At 31st December, 2009 – – 9,414 – 9,414
Currency realignment – – 56 – 56
Amortisation for the period 1,065 578 4,061 342 6,046
At 31st March, 2011 1,065 578 13,531 342 15,516
CARRYING VALUES
At 31st March, 2011 5,326 22,081 95,080 4,857 127,344
At 31st December, 2009 – – 6,968 – 6,968
The above intangible assets other than trademarks have definite useful lives. Such intangible assets are
amortised on a straight line basis over the following periods:
Contracts in progress
Customer relationship
Licenses and patent
Non-compete agreements
1 year
5 – 8 years
3 – 8 years
3 – 8 years
88
NEO-NEON HOLDINGS LIMITED