Singapore Airlines 2010 Annual Report Download - page 155

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ANNUAL REPORT 2009/10
153
20 Intangible Assets (in $ million) (continued)
The Company
Computer software
31 March
2010 2009
Cost
At 1 April 308.2 293.0
Additions 15.9 15.2
Disposal (31.1) -
At 31 March 293.0 308.2
Accumulated amortisation
At 1 April 243.3 214.0
Amortisation 25.7 29.3
Disposal (31.0) -
At 31 March 238.0 243.3
Net book value 55.0 64.9
21 Investment Properties (in $ million)
The Group
31 March
2010 2009
Balance at 1 April 7.0 -
Transfer from property, plant and equipment - 7.3
Disposal of a subsidiary company (6.8) -
Depreciation (0.2) (0.3)
Balance at 31 March - 7.0
Cost - 16.3
Accumulated depreciation - (9.3)
Net book value - 7.0
The property rental income earned by the Group for the year ended 31 March 2010 from its investment properties
which are leased out under operating leases, amounted to $2.5 million (2008-09: $2.1 million).
Direct operating expenses (including repairs and maintenance) arising on rental-earning investment properties
amounted to $0.8 million (2008-09: $0.7 million).
The investment properties were related to SATS Group that was disposed during the financial year (Note 22). The Group
estimated the fair value of the investment properties as at 31 March 2009 to approximate the net book value.