| |
|
|
|
|
|
2011 |
2010 |
| |
|
|
|
|
|
R'000 |
R'000 |
4. |
Intangible assets |
|
|
| |
Licences |
|
|
| |
Carrying amount at beginning of year |
1 329 |
1 509 |
| |
Amortisation for the year |
(180) |
(180) |
| |
Carrying amount at end of year |
1 149 |
1 329 |
| |
Goodwill |
|
|
| |
Carrying amount at beginning and end of year |
1 418 |
1 418 |
| |
|
|
|
|
|
2 567 |
2 747 |
| |
Goodwill represents the excess attributable on the acquisition of a
majority stake in an offshore entity, which has been assessed for
impairment at the balance sheet date. The directors are of the opinion
that the goodwill recognised will be recovered in the form of sufficient
cash flows from the entity. |
|
|