Page 151 - Annual Report 2014

Notes to the Financial Statements

Year ended 31 December 2014

4 Intangible Assets (continued) Telecom- Software Software in Total
munications $m development $m
Company
licences $m
Cost $m
At 1.1.2013 368.9 7.0 376.9
Additions 1.0 0.1 24.8 24.9
Transfers – (17.2) –
At 31.12.2013 – 17.2 14.6
386.2 401.8
At 1.1.2014 1.0 14.6
Additions 386.2 29.2 401.8
Disposals 1.0 – 29.2
Transfers – – (1.5)
At 31.12.2014 – (1.5) (33.3) –
– 33.3 10.5
Accumulated amortisation 418.0 429.5
At 1.1.2013 1.0
Charge for the year 270.3 – 271.0
At 31.12.2013 0.7 38.6 – 38.7
0.1 – 309.7
At 1.1.2014 0.8 308.9
Charge for the year – 309.7
Disposals 0.8 308.9 – 42.0
At 31.12.2014 0.1 41.9 – (1.5)
(1.5) – 350.2
Carrying amount –
At 31.12.2013 0.9 349.3
At 31.12.2014
0.2 77.3 14.6 92.1
0.1 68.7 10.5 79.3

Group and Company

2014 2013

$m $m

Staff costs capitalised in software in development during the year 2.4 2.1

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