Lenovo 2011 Annual Report Download - page 106

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2010/11 Annual Report Lenovo Group Limited 109
17 Intangible assets (continued)
(b) Company
Internal
use software
US$’000
At April 1, 2009
Cost 17,435
Accumulated amortization 5,200
Net book amount 12,235
Year ended March 31, 2010
Opening net book amount 12,235
Exchange adjustment (34)
Transfer from construction-in-progress 7,776
Additions 8,868
Amortization (5,662)
Closing net book amount 23,183
At March 31, 2010
Cost 34,170
Accumulated amortization 10,987
Net book amount 23,183
Year ended March 31, 2011
Opening net book amount 23,183
Exchange adjustment (58)
Transfer from construction-in-progress 3,461
Additions 6,097
Amortization (7,912)
Closing net book amount 24,771
At March 31, 2011
Cost 49,960
Accumulated amortization 25,189
Net book amount 24,771
Impairment tests for goodwill and intangible assets with indefinite useful lives
The carrying amounts of goodwill and trademarks and trade names with indefinite useful lives are presented below:
At March 31, 2011
China REM * Latin America North America West Europe
Japan,
Australia,
New Zealand Total
US$ million US$ million US$ million US$ million US$ million US$ million US$ million
Goodwill 1,065 143 24 161 84 69 1,546
Trademarks and
trade names 209 55 958 35 14 380
* Previously known as HARIE, includes Africa, Asia Pacific, Central/Eastern Europe, Hong Kong, India, Korea, Middle East, Pakistan,
Russia, Taiwan and Turkey
At March 31, 2010
China HARIE ** Latin America North America West Europe
Japan,
Australia,
New Zealand
Amounts
pending
allocation Total
US$ million US$ million US$ million US$ million US$ million US$ million US$ million US$ million
Goodwill 850 143 24 151 92 37 177 1,474
Trademarks and
trade names 209 55 958 35 14 –380
** Includes Africa, Asia Pacific, Central/Eastern Europe, Hong Kong, India, Korea, Middle East, Pakistan, Russia, Taiwan and Turkey