BT 2013 Annual Report Download - page 128

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126 Financial statements
13. Intangible assets
Customer Telecoms
relation- licences Internally
ships and and developed Purchased
Goodwill brands other software software Total
£m £m £m £m £m £m
Cost
At 1 April 2011 1,357 338 288 2,913 1,298 6,194
Additions – – – 406 53 459
Interest on qualifying assetsa–––8–8
Disposals and adjustments (7) (13) 3 (236) (151) (404)
Exchange differences (11) – (18) – (22) (51)
At 1 April 2012 1,339 325 273 3,091 1,178 6,206
Additions – – 202 399 55 656
Acquisition of subsidiaries 33 28 – – 9 70
Interest on qualifying assetsa–––5–5
Disposals and adjustments (8) – 2 (192) (4) (202)
Exchange differences 46541763
At 31 March 2013 1,410 358 481 3,304 1,245 6,798
Accumulated amortisation
At 1 April 2011 242 175 1,379 1,009 2,805
Charge for the year 34 11 542 108 695
Disposals and adjustments (6) – (242) (143) (391)
Exchange differences – (11) – (19) (30)
At 1 April 2012 270 175 1,679 955 3,079
Charge for the year 18 8 532 91 649
Disposals and adjustments – – (196) (5) (201)
Exchange differences 331613
At 31 March 2013 291 186 2,016 1,047 3,540
Carrying amount
At 31 March 2013 1,410 67 295 1,288 198 3,258
At 31 March 2012 1,339 55 98 1,412 223 3,127
aAdditions to internally developed software in 2012/13 include interest capitalised at a weighted average borrowing rate of 6.1% (2011/12: 7.3%).