Annual report 2012
12 Intangible assets
Programme development costs were incurred in developing Bachelor of Maori Art, Diploma in Tu Taua, Certificate
in Computing and Certificate in Career Preparation - Police.
Programme
Group
Software Development
WIP Total
2012
$’000
$’000 $’000 $’000
Opening cost at 1 January 2012
2,711
9,964
1,400 14,075
Additions
220
1,136
1,965
3,321
Impairment
-
(112)
-
(112)
Reclassification
-
-
-
-
Disposals
-
(1,155)
(1,155)
Closing cost at 31 December 2012
2,931
10,988
2,210
16,129
Opening accumulated amortisation at 1 January 2012
(1,346)
(6,793)
- (8,139)
Amortisation
(484)
(1,031)
- (1,515)
Impairment
-
23
-
23
Reclassification
-
-
-
-
Disposals
-
-
-
-
Closing accumulated amortisation at 31 December 2012
(1,830)
(7,801)
- (9,631)
NBV at 1 January 2012
1,365
3,171
1,400
5,936
NBV at 31 December 2012
1,101
3,187
2,210
6,498
2011
Opening cost at 1 January 2011
1,441
8,664
1,886 11,991
Additions
991
1,380
1,389
3,760
Impairment
(34)
(80)
(178)
(292)
Reclassification
313
-
-
313
Disposals
-
- (1,697)
(1,697)
Closing cost at 31 December 2011
2,711
9,964
1,400
14,075
Opening accumulated amortisation at 1 January 2011
(733)
(5,652)
- (6,385)
Amortisation
(352)
(1,196)
- (1,548)
Impairment
34
55
-
89
Reclassification
(295)
-
-
(295)
Disposals
-
-
-
-
Closing accumulated amortisation at 31 December 2011
(1,346)
(6,793)
- (8,139)
NBV at 1 January 2011
708
3,012
1,886
5,606
NBV at 31 December 2011
1,365
3,171
1,400
5,936
99
