Westjet 2014 Annual Report Download - page 74

Download and view the complete annual report

Please find page 74 of the 2014 Westjet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 91

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91

Notes to Consolidated Financial Statements
As at and for the years ended December 31, 2014 and 2013
(Stated in thousands of Canadian dollars, except percentage, ratio, share and per share amounts)
WestJet Annual Report 2014 │ 72
8. Intangible assets
January 1
2014 Net
additions Amortization Transfers December 31
2014
Software 25,833 2,892 (9,583) 7,853 26,995
Landing rights 16,372 - (889) - 15,483
Other 5,785 - (88) - 5,697
Assets under development 10,701 9,600 - (7,853) 12,448
58,691 12,492 (10,560) - 60,623
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
December 31, 2014 Cost Accumulated
amortization Net book
value
Software 73,598 (46,603) 26,995
Landing rights 17,781 (2,298) 15,483
Other 5,836 (139) 5,697
Assets under development 12,448 - 12,448
109,663 (49,040) 60,623
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