John Lewis Partnership plc annual report and accounts 2012


10 Intangible assets


Table showing Intangible assets


Consolidated | Purchased (£m) | Computer software internally developed (£m) | Wrk in Progress (£m) | Total (£m)


Cost
At 30 January 2010 35.9 | 134.5 | 25.5 |195.9
Additions – | – | 43.5 | 43.5
Transfers 8.6 | 15.2 | (23.8) | –
Disposals (0.2) | (0.5) | – | (0.7)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
At 29 January 2011 44.3 | 149.2 | 45.2 | 238.7
Additions – | – | 88.4 | 88.4
Transfers 21.8 | 36.9 | (58.7) | –
Disposals (6.5) | (17.7) |  (2.5) | (26.7)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
At 28 January 2012 59.6 | 168.4 | 72.4 | 300.4
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Aggregate amortisation
At 30 January 2010 27.4 | 76.0 | – | 103.4
Charge for the year 4.6 | 19.4 | – | 24.0
Disposals (0.1) |  – | – | (0.1)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
At 29 January 2011 31.9 | 95.4 | – | 127.3
Charge for the year 8.5 | 23.8 | – | 32.3
Disposals (6.5) | (17.0) | – | (23.5)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
At 28 January 2012 33.9 | 102.2 | –  |136.1
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Net book value at 29 January 2011 12.4 | 53.8 | 45.2 |  111.4
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Net book value at 28 January 2012 25.7 | 66.2 | 72.4 | 164.3
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 



For the year to 28 January 2012 computer systems totalling £58.7m (2011: £23.8m) were brought into use. This covered a range of selling, support, administration and IT infrastructure applications, with asset lives ranging from three to seven years.


Amortisation of intangible assets is charged within operating expenses.


 


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