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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
19 Intangible assets
(a) Group
Goodwill
Trademarks
and
trade names
Internal use
software
Customer
relationships
Patent and
technology
Marketing
rights Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
At April 1, 2006
Cost 1,321,431 510,000 22,717 17,000 86,072 65,000 2,022,220
Accumulated amortization
and impairment losses 4,980 42,643 4,15 8 11,231 29,091 20,312 112,415
Net book amount 1,316,451 467,357 18,559 5,769 56,981 44,688 1,909,805
Year ended March 31, 2007
Opening net book amount 1,316,451 467,357 18,559 5,769 56,981 44,688 1,909,805
Exchange adjustment 25 –(2) –31 (4) 50
Reclassification (15,328) 15,305 –23 – – –
Additions 4,430 –49,903 –6,200 –60,533
Transfer from
construction-in-progress – – 14,18 0 – – – 14,18 0
Impairment (1,911) (8,977) – – – – (10,888)
Amortization –(43,634) (12,895) (3,934) (29,243) (16,285) (105,991)
Closing net book amount 1,303,667 430,051 69,74 5 1,858 33,969 28,399 1,867,689
At March 31, 2007
Cost 1,310,657 525,305 86,799 17,0 2 3 92,690 64,887 2 , 0 97, 3 6 1
Accumulated amortization
and impairment losses 6,990 95,254 17, 0 5 4 15,165 58,721 36,488 229,672
Net book amount 1,303,667 430,051 69,74 5 1,858 33,969 28,399 1,867,689
Year ended March 31, 2008
Opening net book amount 1,303,667 430,051 69,745 1,858 33,969 28,399 1,867,689
Exchange adjustment (560) –694 – – 543 677
Adjustment on purchase
consideration (4,000) – – – – – (4,000)
Additions – – 61,422 –641 32,10 0 9 4,16 3
Transfer from
construction-in-progress – – 17, 4 9 4 – – – 17, 4 9 4
Disposals – – (6,955) –(1,121) –(8,076)
Disposal of discontinued
operations (Note 13(a)) (2,169) – – – – – (2,169)
Amortization –(50,051) (26,854) (1,698) (26,277) (22,530) (12 7,410)
Closing net book amount 1,296,938 380,000 115,54 6 160 7, 212 38,512 1,838,368
At March 31, 2008
Cost 1,300,837 525,305 161,038 17, 0 2 3 92,220 98,001 2,19 4,424
Accumulated amortization
and impairment losses 3,899 145,305 45,492 16,863 85,008 59,489 356,056
Net book amount 1,296,938 380,000 115,546 160 7, 212 38,512 1,838,368
Lenovo Group Limited • Annual Report 2007/08
116