Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)33 Intangible assetsGroupSoftware Others TotalCost/deemed costAs at 1 January 2012 4,245 539 4,784Additions 899 23 922Disposals (46) (17) (63)As at 31 December 2012 5,098 545 5,643AmortisationAs at 1 January 2012 (3,033) (83) (3,116)Charge for the year (494) (24) (518)Disposals 44 16 60As at 31 December 2012 (3,483) (91) (3,574)Allowances for impairment losses (Note 37)As at 1 January 2012 (1) (7) (8)As at 31 December 2012 (1) (7) (8)Net carrying valueAs at 1 January 2012 1,211 449 1,660As at 31 December 2012 1,614 447 2,061Cost/deemed costAs at 1 January 2011 3,906 49 3,955Additions through acquisition 48 424 472Additions 409 71 480Disposals (118) (5) (123)As at 31 December 2011 4,245 539 4,784AmortisationAs at 1 January 2011 (2,626) (11) (2,637)Additions through acquisition (27) – (27)Charge for the year (491) (74) (565)Disposals 111 2 113As at 31 December 2011 (3,033) (83) (3,116)Allowances for impairment losses (Note 37)As at 1 January 2011 (1) (7) (8)As at 31 December 2011 (1) (7) (8)Net carrying valueAs at 1 January 2011 1,279 31 1,310As at 31 December 2011 1,211 449 1,660China Construction Bank Corporation annual report 2012139