Annual Report and
Accounts 2006

Year ended 31 July 2006


12. Intangible assets: other

  Software
costs
£m
Trade names
and brands
£m
Customer
relationships
£m
Other
£m
Total
£m
Cost          
At 1 August 2005 40 14 87 7 148
Exchange rate adjustment - (1) (12) - (13)
Additions 25 26 220 5 276
Disposals (12) - - - (12)
At 31 July 2006 53 39 295 12 399
           
Accumulated amortisation          
At 1 August 2005 9 - 4 2 15
Exchange rate adjustment (1) - (2) - (3)
Charge for the year 6 5 40 3 54
At 31 July 2006 14 5 42 5 66
Net book amount at 31 July 2006 39 34 253 7 333

 

  Software
costs
£m
Trade names
and brands
£m
Customer
relationships
£m
Other
£m
Total
£m
Cost          
At 1 August 2004 19 - - - 19
Additions 21 14 87 7 129
At 31 July 2005 40 14 87 7 148
           
Accumulated amortisation          
At 1 August 2004 6 - - - 6
Charge for the year 3 - 4 2 9
At 31 July 2005 9 - 4 2 15
Net book amount at 31 July 2005 31 14 83 5 133
Net book amount at 1 August 2004 13 - - - 13

Software costs are either purchases from third parties or internally generated. Other intangible assets arise on business combinations. Included in the amounts above are £28 million (2005: £25 million) relating to assets under construction.