12. Intangible assets
Movements for each class of intangible asset are as follows:
Software
$000
Trademarks
$000
Total
$000
115
4
119
Additions
2
-
2
Disposals
-
-
-
Balance, 30 June 2013
117
4
121
Balance, 1 July 2013
117
4
121
Additions
7
-
7
Disposals
-
-
-
124
4
128
Balance, 1 July 2012
88
1
89
Amortisation expense
13
-
13
Balance, 30 June 2013
101
1
102
Balance, 1 July 2013
101
1
102
Amortisation expense
12
1
13
113
2
115
At 1 July 2012
27
3
30
At 30 June and 1 July 2013
16
3
19
At 30 June 2014
11
2
13
Cost
Balance, 1 July 2012
Balance, 30 June 2014
Accumulated amortisation and impairment losses
Balance, 30 June 2014
Carrying amounts
There are no restrictions over the title of the Commission’s intangible assets, nor are any intangible assets
pledged as security for liabilities.
87