Tesco 2007 Annual Report Download - page 67

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Note 10 Goodwill and other intangible assets
Internally Pharmacy
generated and Other
development software intangible
costs licences assets Goodwill Total
£m £m £m £m £m
Cost
At 25 February 2006 458 193 43 1,235 1,929
Foreign currency translation (2) (2) (3) (44) (51)
Additions 129 44 1 1 175
Acquisitions through business combinations – – 1 493 494
Reclassification across categories (2) 1 (1) – (2)
Disposals – (3) (2) (1) (6)
At 24 February 2007 583 233 39 1,684 2,539
Accumulated amortisation and impairment losses
At 25 February 2006 194 109 3 98 404
Foreign currency translation – (1) – – (1)
Amortisation for the year 69 22 2 – 93
Disposals – (2) – – (2)
At 24 February 2007 263 128 5 98 494
Net carrying value
At 24 February 2007 320 105 34 1,586 2,045
At 25 February 2006 264 84 40 1,137 1,525
Cost
At 26 February 2005 393 144 59 1,192 1,788
Foreign currency translation 1 3 4 19 27
Additions 115 21 3 – 139
Acquisitions through business combinations – – – 27 27
Reclassification across categories 1 27 (23) (2) 3
Disposals (52) (2) – (1) (55)
At 25 February 2006 458 193 43 1,235 1,929
Accumulated amortisation and impairment losses
At 26 February 2005 190 82 10 98 380
Foreign currency translation – 2 – – 2
Amortisation for the year 56 19 1 – 76
Reclassification across categories – 8 (8) – –
Disposals (52) (2) – – (54)
At 25 February 2006 194 109 3 98 404
Net carrying value
At 25 February 2006 264 84 40 1,137 1,525
At 26 February 2005 203 62 49 1,094 1,408
There are no intangible assets, other than goodwill, with indefinite useful lives.
65
NOTES TO THE GROUP
FINANCIAL STATEMENTS