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Note 17: Intangible assets

a  Group

  Group
£ million Goodwill Landing rights Software Total
Cost
Balance at 1 April 2008 40 203 153 396
Additions 5 44 12 61
Disposals (15) (15)
Impairment (note 18) (5) (5)
Exchange movements*   7   7
Balance at 31 March 2009 40 254 150 444
Additions 13 13
Reclassifications 1 1
Exchange movements*   (3)   (3)
At 31 March 2010 40 251 164 455
Amortisation
Balance at 1 April 2008 44 131 175
Disposals (15) (15)
Charge for the year   5 12 17
Balance at 31 March 2009 49 128 177
Charge for the year**     9 9
At 31 March 2010 49 137 186
Net book amounts
31 March 2010 40 202 27 269
31 March 2009 40 205 22 267

*Landing rights with a carrying value of £39 million (2009: £42 million) are associated with the acquisition of L’Avion, an airline operating services between Paris (Orly) and New York (Newark) airports. These landing rights are denominated in euro.

**As a result of a change in accounting estimate in the prior year, landing rights based within the EU are considered to have an indefinite economic life and are therefore not amortised (note 2). Amortisation on non-EU based landing rights was less than £1 million for the current and prior year.

b  Company

  Company
£ million Landing rights Software Total
Cost
Balance at 1 April 2008 203 153 356
Additions 9 12 21
Disposals   (15) (15)
Balance at 31 March 2009 212 150 362
Additions 13 13
Reclassifications   1 1
At 31 March 2010 212 164 376
Amortisation
Balance at 1 April 2008 44 131 175
Charge for the year 5 12 17
Disposals   (15) (15)
Balance at 31 March 2009 49 128 177
Charge for the year*   9 9
At 31 March 2010 49 137 186
Net book amounts
31 March 2010 163 27 190
31 March 2009 163 22 185

*As a result of a change in accounting estimate in the prior year, landing rights based within the EU are considered to have an indefinite economic life and are therefore not amortised (note 2). Amortisation on non-EU based landing rights was less than £1 million for the current and prior year.

c  Analysis of Group intangible asset additions (excluding goodwill)

  Group
£ million Software 2010 2009
Cash paid 13 13 24
Acquired through business combinations 35
Accrual movements     (3)
Total additions 13 13 56

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