Qantas 2013 Annual Report Download - page 130

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128
SECURED ASSETS
Certain aircraft and engines act as security against related nancings. Under the terms of certain nancing facilities entered into by
the Qantas Group, the underwriters to these agreements have a xed charge over certain aircraft and engines to the extent that debt
has been issued directly to those underwriters. The total carrying amount of assets under pledge is $8,582 million (2012: $8,878 million).
17. Intangible Assets
Qantas Group
2013
$M
2012
$M
Goodwill
At cost 197 146
Total goodwill 197 146
Airport landing slots
At cost 35 35
Total airport landing slots 35 35
Software
At cost 950 854
Less: accumulated amortisation 512 449
Total software at net book value 438 405
Brand names and trademarks
At cost 22 20
Total brand names and trademarks 22 20
Customer contracts
At cost 27 5
Less: accumulated amortisation 51
Total customer contracts at net book value 22 4
Total intangible assets 714 610
Qantas Group
2013
$M Opening Net
Book Value Additions1
Acquisition
of Controlled
Entity Transfers Amortisation Other2
Closing Net
Book Value
Reconciliations
Goodwill 146 – 49 – – 2 197
Airport landing slots 35–––––35
Software 405 112 8 – (63) (24) 438
Brand names and trademarks 20––––222
Customer contracts 4 – 22 – (4) – 22
Total intangible assets 610 112 79 – (67) (20) 714
2012
$M
Reconciliations
Goodwill 164 – 5 (5) – (18) 146
Airport landing slots 35–––––35
Software 374 84 6 – (57) (2) 405
Brand names and trademarks 20–––––20
Customer contracts – – 2 4 (2) – 4
Total intangible assets 593 84 13 (1) (59) (20) 610
1 Additions include capitalised interest of $nil (2012: $1 million).
2 Other includes foreign exchange movements and impairment of goodwill and other intangible assets.
Notes to the Financial Statements continued
FOR THE YEAR ENDED 30 JUNE 2013
16. Property, Plant and Equipment
continue
d