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Notes to the consolidated fnancial statements (continued)

for the year ended 30 June 2011

18. Goodwill and intangible assets

CONSOLIDATED

Customer Outstanding contracts claims

& other liability

Goodwill Brands relationships intangible Software Total $m $m $m $m $m $m

2011

Gross carrying amount 5,266 653 1,239 187 563 7,908 Less: accumulated amortisation and impairment losses (260) (114) (625) (122) (477) (1,598) Balance at the end of the fnancial year 5,006 539 614 65 86 6,310

Movements in intangible assets

Balance at the beginning of the fnancial year 5,147 568 736 83 93 6,627 Acquisitions 10 – – – 48 58 Amortisation – (24) (96) (18) (49) (187) Foreign currency exchange movement (8) – – – – (8) Disposals (143) (5) (26) – (6) (180) Balance at the end of the fnancial year 5,006 539 614 65 86 6,310 Maximum remaining useful life Indefnite 46 years 26 years 16 years 5 years

Customer Outstanding contracts claims

& other liability

Goodwill Brands relationships intangible Software Total $m $m $m $m $m $m

2010

Gross carrying amount 5,407 661 1,285 187 551 8,091 Less: accumulated amortisation and impairment losses (260) (93) (549) (104) (458) (1,464) Balance at the end of the fnancial year 5,147 568 736 83 93 6,627

Movements in intangible assets

Balance at the beginning of the fnancial year 5,135 593 843 106 159 6,836 Acquisitions through business combinations 1 – – – – 1 Other acquisitions 9 – 1 – 39 49 Amortisation – (25) (108) (23) (98) (254) Foreign currency exchange movement 2 – – – – 2 Disposals – – – – (7) (7) Balance at the end of the fnancial year 5,147 568 736 83 93 6,627 Maximum remaining useful life Indefnite 47 years 27 years 17 years 5 years

All intangible assets except goodwill have fnite useful lives.