Cathay Pacific 2004 Annual Report Download - page 53

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Cathay Pacific Airways Limited 2004 Annual Report 49
10. INTANGIBLE ASSETS
Group Company
Computer Computer
Goodwill systems Total systems
HK$M HK$M HK$M HK$M
Cost
At 1st January 2004 362 665 1,027 642
Additions – 27 27 27
Disposals (4 ) (52 ) (56 ) (52 )
At 31st December 2004 358 640 998 617
Accumulated amortisation
At 1st January 2004 169 453 622 431
Charge for the year 17 67 84 66
Disposals (4 ) (52 ) (56 ) (52 )
At 31st December 2004 182 468 650 445
Net book value
At 31st December 2004 176 172 348 172
At 1st January 2004 193 212 405 211
11. SUBSIDIARY COMPANIES
Company
2004 2003
HK$M HK$M
Unlisted shares at cost 214 214
Net amounts due (to)/from subsidiary companies
– Loan accounts (6,318 ) (10,679 )
– Current accounts 530 2,176
Other investments 18,682 22,055
13,108 13,766
Principal subsidiary companies are listed on page 64.
Notes to the Accounts – Balance Sheet