john-lewis-partnership-plc-annual-report-2015

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John Lewis Partnership plc Annual Report and Accounts 2015
Notes to the consolidated financial statements (continued)
10 Intangible assets
Our balance sheet contains intangible assets in relation to computer software. This note details additions, disposals and transfers
of intangible assets in the year, together with amortisation (a charge to the income statement to represent usage of these assets).
Purchased
£m
Internally
developed
£m
Computer software
Work in
progress
£m
Cost
At 26 January 2013 78.0 195.7 110.0 383.7
Additions – 0.2 107.7 107.9
Transfers 53.6 76.0 (129.6) –
Disposals (8.2) (8.0) – (16.2)
At 25 January 2014 123.4 263.9 88.1 475.4
Additions – – 144.7 144.7
Transfers 49.0 83.9 (132.9) –
Disposals (4.2) (16.3) – (20.5)
At 31 January 2015 168.2 331.5 99.9 599.6
Accumulated amortisation
At 26 January 2013 (41.1) (128.9) – (170.0)
Charge for the year (19.5) (35.0) – (54.5)
Disposals 8.2 7.8 – 16.0
At 25 January 2014 (52.4) (156.1) – (208.5)
Charge for the year (30.6) (45.5) – (76.1)
Disposals 4.2 16.3 – 20.5
At 31 January 2015 (78.8) (185.3) – (264.1)
Net book value at January 2013 36.9 66.8 110.0 213.7
Net book value at January 2014 71.0 107.8 88.1 266.9
Net book value at January 2015 89.4 146.2 99.9 335.5
Total
£m
For the year to 31 January 2015, computer systems valued at £132.9m (2014: £129.6m) were brought into use. This covered a range of selling, support,
supply chain, administration and information technology infrastructure applications, with asset lives ranging from three to ten years.
Amortisation of intangible assets is charged within operating expenses.