- Financial Statements
Notes to the Consolidated Financial Statements
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for the year to 31 December 2007
12. Other intangible assets
| Brands | Software development costs | ||
|---|---|---|---|
| £m | £m | £m | |
| Cost | |||
| At 1 January 2006 and 31 December 2006 | – | – | – |
| Acquired on acquisition of George Wimpey Plc | 140.0 | 15.8 | 155.8 |
| Additions | – | 0.4 | 0.4 |
| Changes in exchange rates | 0.2 | – | 0.2 |
| At 31 December 2007 | 140.2 | 16.2 | 156.4 |
| Amortisation | |||
| At 1 January 2006 and 31 December 2006 | – | – | – |
| Impairment loss for the period (note 5) | (30.0) | – | (30.0) |
| Charge for the period | (3.7) | (2.0) | (5.7) |
| Changes in exchange rates | (0.2) | – | (0.2) |
| At 31 December 2007 | (33.9) | (2.0) | (35.9) |
| Carrying amount | |||
| 31 December 2007 | 106.3 | 14.2 | 120.5 |
| 31 December 2006 | – | – | – |