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Notes to the Consolidated Financial Statements
31st March 2015

Notes to the Consolidated Financial Statements

31st March 2015

17 INTANGIBLE ASSETS

Group
Deferred
Licence development
right costs Total
HK$’000 HK$’000 HK$’000

At 1st April 2013
Cost 78,000 2,708 80,708
Accumulated amortisation (40,950) (1,625) (42,575)

Net book amount 37,050 1,083 38,133
For the year ended 31st March 2014
At 1st April 2013 37,050 1,083 38,133
Amortisation (7,800) (1,083) (8,883)
Net book amount 29,250 – 29,250

At 31st March 2014
Cost 78,000 – 78,000
Accumulated amortisation (48,750) – (48,750)
Net book amount 29,250 – 29,250

For the year ended 31st March 2015
At 1st April 2014 29,250 – 29,250
Amortisation (7,800) – (7,800)

Net book amount 21,450 – 21,450
At 31st March 2015
Cost 78,000 – 78,000
Accumulated amortisation (56,550) – (56,550)

Net book amount 21,450 – 21,450

Amortisation expenses of licence right and deferred development costs have been included in cost of
goods sold.

76 ALCO HOLDINGS LIMITED ANNUAL REPORT 2015