CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 2012Note 26. Intangible assetsCentral Queensland Universityand Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012ComputerComputerSoftwareSoftware Workin Progress Goodwill TotalConsolidated $'000 $'000 $'000 $'000At 1 January 2011- Cost 17,836 94 - 17,930Accumulated amortisation (10,662) - - (10,662)Net book amount 7,174 94 - 7,26835ANNUAL FINANCIAL STATEMENTSYear ended 31 December 2011Opening net book amount 7,174 94 - 7,268Additions 3 2,096 - 2,099Disposals (137) - (137)Amortisation charge (3,085) - - (3,085)Capitalisation 2,137 (2,137) - -Closing net book amount 6,092 53 - 6,145At 31 December 2011- Cost 19,419 53 - 19,472Accumulated amortisation (13,327) - - (13,327)-Net book amount 6,092 53 - 6,145Year ended 31 December 2012Opening net book amount 6,092 53 - 6,145Adjustment relating to prior period - - -Additions 149 2,138 373 2,660Disposals - - -Amortisation charge (3,248) - - (3,248)Capitalisation 991 (991) - -Closing net book amount 3,984 1,200 373 5,557At 31 December 2012- Cost 20,560 1,200 373 22,133Accumulated amortisation (16,576) - - (16,576)Net book amount 3,984 1,200 373 5,557