Tesco 2010 Annual Report Download - page 92

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Notes to the Group financial statements continued
Note 10 Goodwill and other intangible assets
Internally Pharmacy
generated and Other
development software intangible
costs licences assets Goodwill Total
£m £m £m £m £m
Cost
At 28 February 2009 879 310 318 3,283 4,790
Restatement of acquisitions through business combinations – – – 49 49
At 28 February 2009 (restated) 879 310 318 3,332 4,839
Foreign currency translation 9 11 14 136 170
Additions 111 50 2 98 261
Reclassification across categories 136 (1) 1 1 137
Disposals (2) (2) – (1) (5)
At 27 February 2010 1,133 368 335 3,566 5,402
Accumulated amortisation and impairment losses
At 28 February 2009 426 197 42 98 763
Foreign currency translation 3 6 3 1 13
Amortisation for the year 103 43 131 – 277
Reclassification across categories 42 (3) 4 (1) 42
Impairment charge for the year – – – 131 131
Disposals – (1) – – (1)
At 27 February 2010 574 242 180 229 1,225
Net carrying value
At 27 February 2010 559 126 155 3,337 4,177
At 28 February 2009 (restated) 453 113 276 3,234 4,076
Cost
At 23 February 2008 691 278 48 1,927 2,944
Foreign currency translation 6 7 (4) 205 214
Additions 192 26 2 – 220
Acquisitions through business combinations – restated – – 270 1,201 1,471
Reclassification across categories (2) – 2 – –
Disposals (8) (1) – (1) (10)
At 28 February 2009 (restated) 879 310 318 3,332 4,839
Accumulated amortisation and impairment losses
At 23 February 2008 340 163 7 98 608
Foreign currency translation – 4 – – 4
Amortisation for the year 88 31 34 – 153
Reclassification across categories (1) – 1 – –
Disposals (1) (1) – – (2)
At 28 February 2009 (restated) 426 197 42 98 763
Net carrying value
At 28 February 2009 (restated) 453 113 276 3,234 4,076
At 23 February 2008 351 115 41 1,829 2,336
There are no intangible assets, other than goodwill, with indefinite useful lives.
90 Tesco PLC Annual Report and Financial Statements 2010