Qantas 2012 Annual Report Download - page 101
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FOR THE YEAR ENDED 30 JUNE 2012
Notes to the Financial Statements continued
Qantas Group
2012
$M
Opening
Net Book
Value Additions1
Acquisition
of
Controlled
Entity
Disposal of
Controlled
Entity2Transfers
Transferred
to Assets
Classified
as Held for
Sale Amortisation Other3
Closing
Net Book
Value
Reconciliations
Goodwill – – () – – ()
Airport landing slots – – – – – – –
Software – – – () ()
Brand names and trademarks – – – – – – –
Customer contracts/relationships – – – – () –
Total intangible assets – () – () ()
2011
$M
Reconciliations
Goodwill – () – – – ()
Airport landing slots – – – – – – –
Software – – – () –
Brand names and trademarks – – () – – – ()
Customer contracts/relationships – – () – – () – –
Total intangible assets () – () ()
1 Additions include capitalised interest of $1 million (2011: $5 million).
2 Disposal of Controlled Entity includes controlled entity reclassified to associate.
3 Other includes foreign exchange movements and impairment.
IMPAIRMENT TESTS FOR CASH GENERATING UNITS CGUs CONTAINING GOODWILL AND OTHER INTANGIBLE ASSETS
WITH INDEFINITE USEFUL LIVES
The following CGUs have goodwill and other intangible assets with indefinite useful lives:
Qantas Group
2012
$M
2011
$M
Goodwill
Qantas1
Jetstar
Airport landing slots
Qantas
Brand names and trademarks
Jetstar
1 The Qantas CGU includes Qantas, Qantas Freight and Qantas Frequent Flyer. As all of these businesses are largely dependent on the Qantas Fleet to generate their revenue,
the Qantas Fleet assets are tested at the Qantas CGU level including the cash flows and assets of these segments.
17. Intangible Assets continued
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