Notes to and forming part of the financial statements for the year ended 30 September 2008 <strong>AWB</strong> LIMITED11. Intangible Assets(a) Reconciliation of carrying amounts at the beginning and end of the periodConsolidated Goodwill LicencesSystemDevelopment Other Total$’000 $’000 $’000 $’000 $’000Year ended 30 September 2008Opening net book amount 515,632 1,278 22,670 10,897 550,477Acquisitions/Additions 2,823 40 3,643 910 7,416Fair value adjustment from previous year acquisition 210 - - - 210Impairment charge - - - - -Amortisation charge - (161) (15,669) (3,214) (19,044)Transfers - - (20) - (20)Disposals - (860) (16) - (876)Net foreign currency translation on foreign operations - 8 67 - 75Closing net book amount 518,665 305 10,675 8,593 538,238At 30 September 2008Cost 518,665 496 126,110 17,725 662,996Accumulated amortisation and impairment - (191) (115,435) (9,132) (124,758)Net book amount 518,665 305 10,675 8,593 538,238Year ended 30 September 2007Opening net book amount 514,788 1,328 31,522 12,448 560,086Additions 844 309 7,435 1,420 10,008Impairment charge - - - - -Amortisation charge - (198) (18,786) (2,971) (21,955)Transfers - - 2,564 - 2,564Disposal - - (12) - (12)Net foreign currency translation on foreign operations - (161) (53) - (214)Closing net book amount 515,632 1,278 22,670 10,897 550,477At 30 September 2007Cost 515,632 1,569 116,776 17,232 651,209Accumulated amortisation and impairment - (291) (94,106) (6,335) (100,732)Net book amount 515,632 1,278 22,670 10,897 550,477www.awb.com.au 75
<strong>AWB</strong> LIMITED Notes to and forming part of the financial statements for the year ended 30 September 200811. Intangible Assets (continued)(a) Reconciliation of carrying amounts at the beginning and end of the period (continued)A segment level summary of the goodwill allocation is presented as follows:Consolidated 2008 2007$’000 $’000Landmark Rural Services 303,169 300,136Landmark Financial Services 215,496 215,496518,665 515,632<strong>AWB</strong> <strong>Limited</strong> Licences Total$’000 $’000Year ended 30 September 2008Opening net book amount 313 313Additions 40 40Amortisation charge (48) (48)Closing net book amount 305 305At 30 September 2008Cost 496 496Accumulated amortisation and impairment (191) (191)Net book amount 305 305Year ended 30 September 2007Opening net book amount 165 165Additions 188 188Amortisation charge (40) (40)Closing net book amount 313 313At 30 September 2007Cost 456 456Accumulated amortisation and impairment (143) (143)Net book amount 313 31376 www.awb.com.au