5
INTANGIBLE ASSETS
Computer
software
Retail
business
infrastructure
Customer
relationships
Order
backlogs
Goodwill
Total
Group
$’000
$’000
$’000
$’000
$’000
$’000
Cost
At 1 January 2014
3,172
1,304
6,688
727
11,853
23,744
Translation differences
on consolidation
3
–
–
–
–
3
Additions
298
–
–
–
–
298
Disposals/Write off
(364)
–
–
–
–
(364)
At 31 December 2014
3,109
1,304
6,688
727
11,853
23,681
Translation differences
on consolidation
(6)
–
–
–
–
(6)
Additions
270
–
–
–
–
270
Disposals/Write off
(9)
–
–
–
–
(9)
At 31 December 2015
3,364
1,304
6,688
727
11,853
23,936
Accumulated amortisation
and impairment losses
At 1 January 2014
2,270
1,304
3,740
727
117
8,158
Translation differences
on consolidation
2
–
–
–
–
2
Amortisation charge for
the year
542
–
1,184
–
–
1,726
Disposals/Write off
(251)
–
–
–
–
(251)
At 31 December 2014
2,563
1,304
4,924
727
117
9,635
Translation differences
on consolidation
(4)
–
–
–
–
(4)
Amortisation charge for
the year
323
–
1,027
–
–
1,350
Disposals/Write off
(9)
–
–
–
–
(9)
At 31 December 2015
2,873
1,304
5,951
727
117
10,972
Carrying amount
At 1 January 2014
902
–
2,948
–
11,736
15,586
At 31 December 2014
546
–
1,764
–
11,736
14,046
At 31 December 2015
491
–
737
–
11,736
12,964
79
TELECHOICE INTERNATIONAL LIMITED
2015 ANNUAL REPORT
NOTES TO THE
FINANCIAL STATEMENTS