BT 2014 Annual Report Download - page 149

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146 Financial statements
12. Intangible assets
Goodwill
£m
Customer
relation-
ships and
brands
£m
Telecoms
licences
andother
£m
Internally
developed
software
£m
Purchased
software
£m
Total
£m
Cost
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 dierences 46 541763
At 1 April 2013 1,410 358 481 3,304 1,245 6,798
Additions – – 1 433 73 507
Acquisition of subsidiaries (note 14) 15 20–––35
Interest on qualifying assetsa–––1–1
Disposals and adjustments (12) 27 (62) (580) (41) (668)
Exchange dierences (82) (11) (5) (2) (15) (115)
At 31 March 2014 1,331 394 415 3,156 1,262 6,558
Accumulated amortisation
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 dierences 331613
At 1 April 2013 291 186 2,016 1,047 3,540
Charge for the year 15 7 468 93 583
Disposals and adjustments 26 (89) (543) (20) (626)
Exchange dierences (9) (3) (2) (12) (26)
At 31 March 2014 323 101 1,939 1,108 3,471
Carrying amount
At 31 March 2014 1,331 71 314 1,217 154 3,087
At 31 March 2013 1,410 67 295 1,288 198 3,258
a Additions to internally developed software in 201314 include interest capitalised at a weighted average borrowing rate of 6.1% (201213: 6.1%).