Carphone Warehouse 2009 Annual Report Download - page 71

Download and view the complete annual report

Please find page 71 of the 2009 Carphone Warehouse annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 98

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

www.cpwplc.com 67
Financial Statements
b) Other intangible assets
Other intangible xed assets are analysed as follows:
2009
Operating intangibles
Software Acquisition Total other
and licences Key money intangibles intangibles
£m £m £m £m
Opening balance 171 35 245 451
Acquisition of subsidiaries – – 3 3
Disposal of subsidiaries (92) (35) (1) (128)
Additions 54 1 – 55
Amortisation (19) (1) (71) (91)
Closing balance 114 – 176 290
At 31 March 2009
Cost (gross carrying amount) 139 – 325 464
Accumulated amortisation (25) – (149) (174)
Net carrying amount 114 – 176 290
2008 (restated)
Operating intangibles
Software Acquisition Total other
and licences Key money intangibles intangibles
£m £m £m £m
Opening balance 115 26 318 459
Acquisition of subsidiaries – – 2 2
Additions 85 8 – 93
Disposals (1) – – (1)
Amortisation (28) (3) (75) (106)
Foreign exchange – 4 – 4
Closing balance 171 35 245 451
At 29 March 2008
Cost (gross carrying amount) 251 45 364 660
Accumulated amortisation (80) (10) (119) (209)
Net carrying amount 171 35 245 451
The analysis above includes amortisation of £4m (2008: £18m) in relation to discontinued activities.
At 29 March 2008, software and licences included assets with a cost of £60m on which amortisation had not yet been charged
as the assets had not yet been brought into use. There were no such assets at 31 March 2009.
Acquisition intangibles are removed from cost in the analysis above once fully amortised.