Lenovo 2009 Annual Report Download - page 120

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2008/09 Annual Report Lenovo Group Limited
118
NOTES TO THE FINANCIAL STATEMENTS (Continued)
18 Intangible assets (continued)
(b) Company
Internal use
software
US$’000
At April 1, 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
Year ended March 31, 2009
Opening net book amount 8,243
Exchange adjustment 67
Transfer from construction-in-progress 6,133
Transfer from property, plant and equipment 373
Additions 619
Amortization (3,200)
Closing net book amount 12,235
At March 31, 2009
Cost 17,435
Accumulated amortization 5,200
Net book amount 12,235