Annual Report and Accounts 2009

Notes to the Consolidated Financial Statements for the year to 31 December 2009

12. Other intangible assets

  Brands
£m
Software
development
costs
£m
Total
£m
Cost
At 1 January 2008 140.2 16.2 156.4
Additions for the year ended 2008 2.5 2.5
At 31 December 2009 and 2008 140.2 18.7 158.9
Amortisation/impairment
At 1 January 2008 (33.9) (2.0) (35.9)
Charge for the year ended 2008 (2.4) (4.3) (6.7)
Impairment loss for the year ended 2008 (103.9) (12.4) (116.3)
At 31 December 2009 and 2008 (140.2) (18.7) (158.9)
Carrying amount
31 December 2009 and 2008

The Group is required to test goodwill for impairment on an annual basis or sooner when there are indicators that it might be impaired, and to test other intangible assets for impairment if there are indications that the assets might be impaired.

The Group undertook a review in the prior year and the significant downturn in the UK housing market in early 2008 as well as the continued deterioration in the US market led to the Group performing a full impairment test on intangible assets at 30 June 2008. As a result, the Group fully impaired all remaining goodwill, brands and software development costs.

The Group has evaluated its performance in the current year and concluded that it would not be appropriate to reverse any of the previously recognised impairment charges.