AnnuAl REPORT 2011-2012 - Sbs

NOTES TO THE FINANCIAL STATEMENTS
8(c) Intangible assets
Notes
COnSOlIDAteD CORpORAtIOn
2012
$’000
2011
$’000
2012
$’000
2011
$’000
Goodwill 8(d) 11,497 11,497 9,243 9,243
trademark (at fair value) 8(d) 112 112 – –
Contract rights (at fair value) 8(d) 241 241 – –
Less accumulated amortisation (104) (65) – –
total contract rights 137 176 – –
Computer software (at cost) 10,463 9,424 10,426 9,405
Less accumulated amortisation (6,791) (5,445) (6,772) (5,442)
total computer software 3,672 3,979 3,654 3,963
total intangible assets (non-current) 15,418 15,764 12,897 13,206
No indicators of impairment were found for intangible assets.
8(d) Analysis of property, plant and equipment, and intangibles
Reconciliation of the opening and closing balances of property, plant and equipment, and intangibles (2011–12)
CoNsoLIDAteD
LAND
$’000
BUILDINGs
$’000
totAL
LAND AND
BUILDINGs
$’000
PLANt AND
eQUIPMeNt
$’000
INtANGIBLes
$’000
totAL
$’000
As at 1 July 2011
Gross Book Value
Accumulated depreciation/
26,600 46,704 73,304 54,382 21,274 148,960
amortisation – (3,722) (3,722) (27,681) (5,510) (36,913)
opening net book value 26,600 42,982 69,582 26,701 15,764 112,047
Additions – by purchase
Revaluations recognised in
other comprehensive income
– 154 154 13,300 1,037 14,491
(equity)
Revaluations recognised in
615 (694) (79) 1,316 – 1,237
the income statement – – – (168) – (168)
Reclassification of assets
Depreciation/amortisation
– – – (18) 18 –
expense
Disposals
– (2,509) (2,509) (6,698) (1,401) (10,608)
From disposal of operations – – – – – –
Other disposals
Net book value as at
– – – (263) – (263)
30 June 2012 27,215 39,933 67,148 34,170 15,418 116,736
100 SBS