Annual Report 2012 - ecoWise Holdings Limited
Annual Report 2012 - ecoWise Holdings Limited
Annual Report 2012 - ecoWise Holdings Limited
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100<strong>ecoWise</strong> <strong>Holdings</strong> <strong>Limited</strong>annual report <strong>2012</strong>31 OCTOBER <strong>2012</strong>NOTES TO THE FINANCIAL STATEMENTS15. INTANGIBLE ASSETSTrademarksCustomerrelationships Goodwill Total$’000 $’000 $’000 $’000GroupCostAt 1 November 2010 1,939 55 487 2,481Effects of movements in exchange rates (51) (2) (7) (60)Written-off – – (198) (198)At 31 October 2011 1,888 53 282 2,223Effects of movements in exchange rates (32) (1) (5) (38)At 31 October <strong>2012</strong> 1,856 52 277 2,185Accumulated amortisation andimpairment lossesAt 1 November 2010 – – 198 198Effects of movements in exchange rates (1) – – (1)Amortisation for the year 100 5 – 105Written-off – – (198) (198)At 31 October 2011 99 5 – 104Effects of movements in exchange rates (3) – – (3)Amortisation for the year 99 5 – 104At 31 October <strong>2012</strong> 195 10 – 205Carrying amountsAt 1 November 2010 1,939 55 289 2,283At 31 October 2011 1,789 48 282 2,119At 31 October <strong>2012</strong> 1,661 42 277 1,980The amortisation of trademarks and customer relationships were included in marketing and distributionexpenses.