John Lewis Partnership plc annual report and accounts 2013

10 Intangible assets

Computer software

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Consolidated - Purchased £m - Internally developed £m - Work in progress £m - Total £m

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Cost

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)

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At 28 January 2012 59.6 168.4 72.4 300.4

Additions – – 96.1 96.1

Transfers 23.7 30.0 (53.7) –

Disposals (5.3) (2.7) (4.8) (12.8)

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At 26 January 2013 78.0 195.7 110.0 383.7

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Accumulated amortisation

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)

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At 28 January 2012 33.9 102.2 – 136.1

Charge for the year 8.0 33.9 – 41.9

Disposals (0.8) (7.2) – (8.0)

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At 26 January 2013 41.1 128.9 – 170.0

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Net book value at 28 January 2012 25.7 66.2 72.4 164.3

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Net book value at 26 January 2013 36.9 66.8 110.0 213.7

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For the year to 26 January 2013 computer systems valued at £53.7m (2012: £58.7m) were brought into use. This covered a range of selling, support, supply chain, administration and information technology infrastructure applications, with asset lives ranging from three to ten years.

Amortisation of intangible assets is charged within operating expenses.

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