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61
Cathay Pacific Airways Limited Annual Report 2005
9. Intangible assets
Group Company
Goodwill Computer systems Total Computer systems
HK$M HK$M HK$M HK$M
Cost
At 31st December 2004 358 640 998 617
Elimination of accumulated amortisation (182) – (182) –
At 1st January 2005 176 640 816 617
Additions – 61 61 60
Disposals – (119) (119) (119)
At 31st December 2005 176 582 758 558
At 1st January 2004 362 665 1,027 642
Additions – 27 27 27
Disposals (4) (52) (56) (52)
At 31st December 2004 358 640 998 617
Accumulated amortisation
At 31st December 2004 182 468 650 445
Elimination of accumulated amortisation (182) – (182) –
At 1st January 2005 – 468 468 445
Charge for the year – 44 44 44
Disposals – (14) (14) (14)
At 31st December 2005 – 498 498 475
At 1st January 2004 169 453 622 431
Charge for the year 17 67 84 66
Disposals (4) (52) (56) (52)
At 31st December 2004 182 468 650 445
Net book value
At 31st December 2005 176 84 260 83
At 31st December 2004 176 172 348 172
10. Subsidiaries
Company
2005 2004
HK$M HK$M
Unlisted shares at cost 214 214
Net amounts due (to)/from subsidiaries
– Loan accounts (4,327) (6,318)
– Current accounts 253 530
Other investments 15,220 18,682
11,360 13,108
Principal subsidiaries are listed on page 84.
Notes to the Accounts Balance Sheet