Singapore Airlines 2006 Annual Report Download - page 116

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114
Singapore Airlines Annual Report 05/06
19 Intangible Assets (in $ million)
The Group The Company
31 March 31 March
2006 2005 2006 2005
Goodwill arising on consolidation 1.3 1.3 – –
Computer software 120.4 142.8 77.2 88.3
121.7 144.1 77.2 88.3
Goodwill arising on consolidation
The Group
31 March
2006 2005
Balance at 1 April 1.3 1.4
Amortisation – (0.1)
Balance at 31 March 1.3 1.3
Cost 1.3 1.5
Accumulated amortisation – (0.2)
1.3 1.3
In 2002-03, SATS acquired 66.7% equity interest in Country Foods Pte Ltd at a cost of $6.0 million. Goodwill on acquisition
of $1.5 million was capitalised and amortised in fi nancial years 2003-04 ($0.1 million) and 2004-05 ($0.1 million).
Computer software
The Group The Company
31 March 31 March
2006 2005 2006 2005
Balance at 1 April 142.8 185.6 88.3 117.4
Additions 32.4 – 25.1 –
Disposals (0.1) – (0.1) –
Amortisation (54.7) (42.8) (36.1) (29.1)
Balance at 31 March 120.4 142.8 77.2 88.3
Cost 328.7 301.7 230.7 208.9
Accumulated amortisation (208.3) (158.9) (153.5) (120.6)
Net book value 120.4 142.8 77.2 88.3
NOTES TO THE FINANCIAL STATEMENTS
31 March 2006