(1.3MB)12. Intangible assets – Goodwill
|
|
£m |
|---|---|
|
Group |
|
|
Cost |
|
|
At 1 August 2005 |
429.5 |
|
Additions |
5.1 |
|
Exchange adjustments |
(13.9) |
|
Other movements |
(5.6) |
|
At 31 July 2006 |
415.1 |
|
Amortisation |
|
|
At 1 August 2005 |
43.0 |
|
Charge for the period |
21.6 |
|
Exchange adjustments |
(1.1) |
|
At 31 July 2006 |
63.5 |
|
Net book value |
|
|
At 31 July 2006 |
351.6 |
|
At 31 July 2005 |
386.5 |
The other movements arose as a result of changes in the underlying value of the amount payable due to a combination of the movements in the price of shares to be issued to satisfy the contingent consideration sums and revised expectations of future profit levels. Details of acquisitions in the year are set out in note 23.