Notes to the accounts
year ended 30 June 2001
9
Intangible fixed
Goodwill
assets
'000
Group
Cost
At 1 July 2000 and 30 June 2001
24,685
Amortisation
At 1 July 2000
4,145
Provided during the year
8,228
Impairment during the year
9,812
At 30 June 2001
22,185
Net book value
At 30 June 2001
2,500
At 30 June 2000
20,540
The directors consider that the majority of the goodwill arising on the
consolidation of NetNames International Limited has been permanently
impaired and accordingly have written off 9.8 million this year leaving a
balance of 2.5 million.
Fixtures,
10 Tangible fixed
Group
Computer
fittings and
Motor
assets
equipment
equipment
vehicles
Total
'000
'000
'000
'000
Cost
At 1 July 2000
974
268
17
1,259
Foreign exchange
translation differences
12
2
14
Additions
1,241
184
20
1,445
Disposals
(549)
(217)
(766)
At 30 June 2001
1,678
237
37
1,952
Depreciation
At 1 July 2000
174
47
4
225
Foreign exchange
translation differences
7
1
8
Provided for in the year
579
125
6
710
Disposals
(333)
(117)
(450)
At 30 June 2001
427
56
10
493
Net book value
At 30 June 2001
1,251
181
27
1,459
At 30 June 2000
800
221
13
1,034
29