HG Metal Manufacturing Ltd - Annual Report 2014 - page 86

84 HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2014
11. INTANGIBLE ASSETS
Computer
software
Club
membership Total
$’000 $’000 $’000
Group
Cost
At 1 January 2013 945 230 1,175
Additions 36 – 36
At 31 December 2013 and
1 January 2014 981 230 1,211
Additions 10 – 10
Disposals – (230) (230)
At 31 December 2014 991 – 991
Accumulated amortisation
At 1 January 2013 794 – 794
Charge for the year 77 – 77
At 31 December 2013 and
1 January 2014 871 – 871
Charge for the year 40 – 40
Exchange differences 1 – 1
At 31 December 2014 912 – 912
Net carrying amount
At 31 December 2014 79 – 79
At 31 December 2013 110 230 340
Company
Cost
At 1 January 2013 879 230 1,109
Additions 29 – 29
At 31 December 2013 and
1 January 2014 908 230 1,138
Additions 8 – 8
Disposal – (230) (230)
At 31 December 2014 916 – 916
Accumulated amortisation
At 1 January 2013 748 – 748
Charge for the year 64 – 64
At 31 December 2013 and
1 January 2014 812 – 812
Charge for the year 29 – 29
At 31 December 2014 841 – 841
Net carrying amount
At 31 December 2014 75 – 75
At 31 December 2013 96 230 326