Lenovo 2008 Annual Report Download - page 119
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19 Intangible assets (continued)
(b) Company
Internal use
software
US$’000
At April 1, 2006
Cost –
Accumulated amortization –
Net book amount –
Year ended March 31, 2007
Transfer from construction-in-progress 5,600
Amortization (187)
Closing net book amount 5,413
At March 31, 2007
Cost 5,600
Accumulated amortization 187
Net book amount 5,413
Year ended March 31, 2008
Opening net book amount 5,413
Exchange adjustment 18
Transfer from construction-in-progress 2,868
Additions 1,757
Amortization (1,813)
Closing net book amount 8,243
At March 31, 2008
Cost 10,243
Accumulated amortization 2,000
Net book amount 8,243
Lenovo Group Limited • Annual Report 2007/08 117