Qantas 2009 Annual Report Download - page 116
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114 Qantas Annual Report 2009
Notes to the Financial Statements
for the year ended 30 June 2009
17. Intangible Assets
Qantas Group Qantas
2009 2008 2009 2008
$M $M $M $M
Goodwill
At cost 259 147 – –
Less: accumulated impairment 22 – – –
Total goodwill at net book value 237 147 – –
Airport landing slots
At cost 35 35 35 35
Software
At cost 606 511 566 493
Less: accumulated amortisation 306 245 284 229
Total software at net book value 300 266 282 264
Brand names and trademarks
At cost 31 – – –
Customer contracts/relationships
At cost 66 – – –
Less: accumulated amortisation 5 – – –
Total customer contracts/relationships at net book value 61 – – –
Total intangible assets 664 448 317 299
QANTAS GROUP
2009
$M
Goodwill 147 – 112 – (22) 237
Airport landing slots 35 – – – – 35
Software 266 84 1 (57) 6 300
Brand names and trademarks – – 31 – – 31
Customer contracts/relationships – – 66 (5) – 61
Total intangible assets 448 84 210 (62) (16) 664
2008
Goodwill 133 – 14 – – 147
Airport landing slots 35 – – – – 35
Software 198 102 – (41) 7 266
Total intangible assets 366 102 14 (41) 7 448
QANTAS
2009
$M
Airport landing slots 35 – – – – 35
Software 264 74 – (54) (2) 282
Total intangible assets 299 74 – (54) (2) 317
2008
Airport landing slots 35 – – – – 35
Software 198 101 – (40) 5 264
Total intangible assets 233 101 – (40) 5 299
Opening Net
Book Value
Additions
Aquisitions of
Controlled Entities
Amortisation
Other
Closing Net
Book Value