Notes to the Consolidated Financial Statements
Notes 6-10
- 6. Taxation
- 7. Equity dividends
- 8. Earnings/(loss) per share
- 9. Intangible assets
- 10. Impairment
9. Intangible assets
| Goodwill £m |
Licences and spectrum fees £m |
Computer software £m |
Other £m |
Total £m |
|
|---|---|---|---|---|---|
| Cost : | |||||
| 1 April 2006 | 76,130 | 16,991 | 3,572 | 755 | 97,448 |
| Exchange movements | (2,321) | (431) | (55) | (99) | (2,906) |
| Arising on acquisition | 1,746 | 707 | 18 | 257 | 2,728 |
| Additions | – | 308 | 799 | – | 1,107 |
| Transfer to other investments | (487) | (319) | – | (48) | (854) |
| Disposals | – | – | (29) | – | (29) |
| 31 March 2007 | 75,068 | 17,256 | 4,305 | 865 | 97,494 |
| Exchange movements | 12,406 | 1,707 | 573 | 59 | 14,745 |
| Arising on acquisition | 4,316 | 3,045 | 8 | 256 | 7,625 |
| Additions | – | 33 | 993 | 8 | 1,034 |
| Disposals | – | (1) | (79) | – | (80) |
| Other(1) | (28) | – | – | – | (28) |
| 31 March 2008 | 91,762 | 22,040 | 5,800 | 1,188 | 120,790 |
| Accumulated impairment losses and amortisation: | |||||
| 1 April 2006 | 23,524 | 2,359 | 2,339 | 108 | 28,330 |
| Exchange movements | (623) | (61) | (45) | (14) | (743) |
| Amortisation charge for the year | – | 1,088 | 719 | 293 | 2,100 |
| Impairment losses | 11,600 | – | – | – | 11,600 |
| Transfer to other investments | – | (30) | – | (11) | (41) |
| Disposals | – | – | (24) | – | (24) |
| 31 March 2007 | 34,501 | 3,356 | 2,989 | 376 | 41,222 |
| Exchange movements | 5,925 | 433 | 436 | 28 | 6,822 |
| Amortisation charge for the year | – | 1,343 | 802 | 337 | 2,482 |
| Disposals | – | – | (67) | – | (67) |
| 31 March 2008 | 40,426 | 5,132 | 4,160 | 741 | 50,459 |
| Net book value: | |||||
| 31 March 2007 | 40,567 | 13,900 | 1,316 | 489 | 56,272 |
| 31 March 2008 | 51,336 | 16,908 | 1,640 | 447 | 70,331 |
| Note: | |
|---|---|
| (1) | Represents a pre-tax charge against goodwill offsetting the tax benefit arising on recognition of a pre-acquisition deferred tax asset. |
For licences and spectrum fees and other intangible assets, amortisation is included within the cost of sales line within the Consolidated Income Statement.
The net book value at 31 March 2008 and expiry dates of the most significant purchased licences are as follows:
| Expiry date | 2008 £m |
2007 £m |
|
|---|---|---|---|
| Germany | December 2020 | 5,089 | 4,684 |
| UK | December 2021 | 4,579 | 4,912 |