72 TE PŪRONGO 2013
Programme
Software Development
WIP
Total
$’000
$’000 $’000 $’000
Parent 2013
Opening cost at 1 January 2013
1,790
6,481 1,395 9,666
Additions
78
1,612 1,123 2,813
Impairment
(93)
(243)
-
(336)
Disposals
-
-
(1,620)
(1,620)
Closing cost at 31 December 2013
1,775
7,850
898 10,523
Opening accumulated amortisation at 1 January 2013
(1,068)
(4,664)
-
(5,732)
Amortisation
(339)
(753)
-
(1,092)
Impairment
64
165
-
229
Closing accumulated amortisation at 31 December 2013
(1,343)
(5,252)
-
(6,595)
NBV at 1 January 2013
722
1,817 1,395 3,934
NBV at 31 December 2013
432
2,598
898 3,928
Parent 2012
Opening cost at 1 January 2012
1,790
5,602
931 8,323
Additions
-
991 1,128 2,119
Impairment
-
(112)
-
(112)
Disposals
-
-
(664)
(664)
Closing cost at 31 December 2012
1,790
6,481 1,395 9,666
Opening accumulated amortisation at 1 January 2012
(703)
(4,096)
-
(4,799)
Amortisation
(365)
(591)
-
(956)
Impairment
-
23
-
23
Closing accumulated amortisation at 31 December 2012
(1,068)
(4,664)
-
(5,732)
NBV at 1 January 2012
1,087
1,506
931 3,524
NBV at 31 December 2012
722
1,817 1,395 3,934
There are no restrictions over the title of Te Wānanga o Aotearoa intangible assets, nor are any intangible assets pledged as
security for liabilities.
Te Wānanga o Aotearoa wrote off intangible assets of $336,139 in 2013 consisting of tauira IPAT $93,000, Diploma in Adult
Education L6 $65,812, Certificate in Business and E-Commerce $177,327. (2012 - $111,837)
13. Intangible assets (continued)
Notes to the financial statements (continued)
