Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)33 Intangible assets (continued)BankSoftware Others TotalCost/deemed costAs at 1 January 2012 4,127 102 4,229Additions 849 23 872Disposals (43) (17) (60)As at 31 December 2012 4,933 108 5,041AmortisationAs at 1 January 2012 (2,970) (75) (3,045)Charge for the year (475) (7) (482)Disposals 42 16 58As at 31 December 2012 (3,403) (66) (3,469)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 1,156 20 1,176As at 31 December 2012 1,529 35 1,564Cost/deemed costAs at 1 January 2011 3,858 38 3,896Additions 386 69 455Disposals (117) (5) (122)As at 31 December 2011 4,127 102 4,229AmortisationAs at 1 January 2011 (2,604) (11) (2,615)Charge for the year (477) (66) (543)Disposals 111 2 113As at 31 December 2011 (2,970) (75) (3,045)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 1,253 20 1,273As at 31 December 2011 1,156 20 1,176140 China Construction Bank Corporation annual report 2012