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WestJet Annual Report 2013 82
Notes to Consolidated Financial Statements
As at and for the years ended December 31, 2013 and 2012
(Stated in thousands of Canadian dollars, except percentage, ratio, share and per share amounts)
8. Intangible assets
January 1
2013
Net
additions Amortization Transfers
December 31
2013
Software
18,970 5,337 (8,102) 9,628 25,833
Landing rights 17,261 − (889) − 16,372
Other 4,956 880 (51) − 5,785
Assets under development 9,621 10,708 − (9,628) 10,701
50,808 16,925 (9,042) − 58,691
January 1
2012
Net
additions Amortization Transfers
December 31
2012
Software 15,136 3,985 (5,540) 5,389 18,970
Landing rights 17,782 − (521) − 17,261
Other − 4,956 − − 4,956
Assets under development 875 14,135 − (5,389) 9,621
33,793 23,076 (6,061) − 50,808
December 31, 2013 Cost
Accumulated
amortization
Net book
value
Software 69,050 (43,217) 25,833
Landing rights 17,781 (1,409) 16,372
Other 5,836 (51) 5,785
Assets under development 10,701 − 10,701
103,368 (44,677) 58,691
December 31, 2012 Cost
Accumulated
amortization
Net book
value
Software 54,519 (35,549) 18,970
Landing rights 17,782 (521) 17,261
Other 4,956 − 4,956
Assets under development 9,621 − 9,621
86,878 (36,070) 50,808
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