Notes to the consolidated
financial statements
9. Intangible assets
| Goodwill £m | Licences and spectrum £m | Computer software £m | Other £m | Total £m |
|
|---|---|---|---|---|---|
| Cost: | |||||
| 1 April 2008 | 91,762 | 22,040 | 5,800 | 1,188 | 120,790 |
| Exchange movements | 14,298 | 2,778 | 749 | 153 | 17,978 |
| Arising on acquisition | 613 | 199 | 69 | 130 | 1,011 |
| Additions | – | 1,138 | 1,144 | – | 2,282 |
| Disposals | – | (1) | (403) | – | (404) |
| Change in consolidation status | (9) | (16) | – | – | (25) |
| 31 March 2009 | 106,664 | 26,138 | 7,359 | 1,471 | 141,632 |
| Exchange movements | (2,751) | 62 | (72) | 326 | (2,435) |
| Arising on acquisition | 1,185 | 1,454 | 153 | 1,604 | 4,396 |
| Change in consolidation status | (102) | (413) | (281) | (175) | (971) |
| Additions | – | 306 | 1,199 | 19 | 1,524 |
| Disposals | – | – | (114) | – | (114) |
| 31 March 2010 | 104,996 | 27,547 | 8,244 | 3,245 | 144,032 |
| Accumulated impairment losses and amortisation: | |||||
| 1 April 2008 | 40,426 | 5,132 | 4,160 | 741 | 50,459 |
| Exchange movements | 6,630 | 659 | 569 | 126 | 7,984 |
| Amortisation charge for the year | – | 1,522 | 885 | 346 | 2,753 |
| Impairment losses | 5,650 | 250 | – | – | 5,900 |
| Disposals | – | – | (391) | – | (391) |
| Change in consolidation status | – | (11) | – | – | (11) |
| 31 March 2009 | 52,706 | 7,552 | 5,223 | 1,213 | 66,694 |
| Exchange movements | (1,848) | (29) | (104) | 64 | (1,917) |
| Amortisation charge for the year | – | 1,730 | 1,046 | 678 | 3,454 |
| Change in consolidation status | – | (135) | (154) | (181) | (470) |
| Impairment losses, net | 2,300 | (200) | – | – | 2,100 |
| Disposals | – | – | (87) | – | (87) |
| 31 March 2010 | 53,158 | 8,918 | 5,924 | 1,774 | 69,774 |
| Net book value: | |||||
| 31 March 2009 | 53,958 | 18,586 | 2,136 | 258 | 74,938 |
| 31 March 2010 | 51,838 | 18,629 | 2,320 | 1,471 | 74,258 |
For licences and spectrum and other intangible assets, amortisation is included within the cost of sales line within the consolidated income statement. Licences and spectrum with a net book value of £2,570 million (2009: £2,765 million) have been pledged as security against borrowings.
The net book value at 31 March 2010 and expiry dates of the most significant licences are as follows:
| Expiry date | 2010 £m | 2009 £m |
|
|---|---|---|---|
| Germany | December 2020 | 4,802 | 5,452 |
| UK | December 2021 | 3,914 | 4,246 |
| Qatar | June 2028 | 1,328 | 1,482 |
| Italy | December 2021 | 1,097 | 1,240 |
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