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Advanced Computer Software Group plc Annual report 2013

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Notes to the consolidatedfinancial statements continued12 Intangible assetsYear ended 28 February <strong>2013</strong>Customercontracts &relationships£’000Brand£’000Technology£’000Contracts£’000Goodwill£’000Developmentcosts£’000CostAt beginning of year 62,502 3,630 20,806 – 65,301 4,795 157,034Acquisitions throughbusiness combinations 4,007 – 1,628 2,840 12,008 – 20,483Eligible development costscapitalised – – – – – 2,056 2,056At end of year 66,509 3,630 22,434 2,840 77,309 6,851 179,573Total£’000AmortisationAt beginning of year 16,721 1,912 10,068 – – 1,368 30,069Charged in year 7,030 861 5,128 166 – 1,070 14,255At end of year 23,751 2,773 15,196 166 – 2,438 44,324Net book valueAt 28 February <strong>2013</strong> 42,758 857 7,238 2,674 77,309 4,413 135,249Net book valueAt 29 February 2012 45,781 1,718 10,738 – 65,301 3,427 126,965Expenditure on research and development in the year was £9.2m (2012: £8.5m) of which £2.1m (2012: £1.8m)relating to the development of new products was capitalised in accordance with IFRS.Year ended 29 February 2012Customercontracts &relationships£’000Brand£’000Technology£’000Goodwill£’000Developmentcosts£’000CostAt beginning of year 68,887 3,965 22,519 69,777 3,016 168,164Acquisitions through business combinations 707 – 164 1,123 – 1,994Eligible development costs capitalised – – – – 1,779 1,779Disposals (see note 11) (7,092) (335) (1,877) (5,599) – (14,903)At end of year 62,502 3,630 20,806 65,301 4,795 157,034Total£’000AmortisationAt beginning of year 10,500 1,174 5,936 – 710 18,320Charged in year 7,750 873 4,889 – 658 14,170Disposals (see note 11) (1,529) (135) (757) – – (2,421)At end of year 16,721 1,912 10,068 – 1,368 30,069Net book valueAt 29 February 2012 45,781 1,718 10,738 65,301 3,427 126,965Net book valueAt 28 February 2011 58,387 2,791 16,583 69,777 2,306 149,84456<strong>Advanced</strong> <strong>Computer</strong> <strong>Software</strong> <strong>Group</strong> <strong>plc</strong><strong>Annual</strong> Report <strong>2013</strong>

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