RWS Annual Report 2022 web - Flipbook - Page 130
Notes to the Consolidated Financial Statements (continued)
Trade
names
£m
Clinician
& supplier
databases
£m
Technology
£m
Client
Noncompete relationships
& order
&
books
Trademarks
£m
£m
Software
£m
Internally
generated
software
£m
Total
£m
234.6
Cost
9.5
6.6
6.3
2.2
187.7
12.5
9.8
Additions
-
-
10.3
-
-
1.8
9.4
21.5
Acquisitions (note 24)
-
-
107.1
-
139.4
-
-
246.5
(17.5)
At 30 September 2020
Disposals
(9.1)
-
-
-
(3.1)
(1.6)
(3.7)
Currency translation
(0.4)
(0.2)
(0.3)
(0.1)
(11.0)
-
-
(12.0)
-
6.4
123.4
2.1
313.0
12.7
15.5
473.1
At 30 September 2021
Additions
-
-
15.5
-
0.2
1.9
6.9
24.5
0.4
-
2.1
-
6.4
-
-
8.9
Adjustments in respect of prior periods
-
-
-
-
0.4
-
-
0.4
Disposals
-
-
-
-
-
(1.9)
(2.7)
(4.6)
Acquisitions (note 24)
Currency translation
At 30 September 2022
-
1.2
1.2
0.4
47.5
0.8
0.6
51.7
0.4
7.6
142.2
2.5
367.5
13.5
20.3
554.0
78.2
Accumulated amortisation and impairment
At 30 September 2020
5.6
2.7
4.7
1.6
50.0
8.5
5.1
Amortisation charge
3.7
0.6
15.5
0.4
23.0
1.6
3.0
47.8
Disposals
(9.1)
-
-
-
(3.1)
(1.3)
(3.7)
(17.2)
Currency translation
(0.2)
(0.1)
(0.2)
(0.1)
(1.7)
-
-
(2.3)
At 30 September 2021
-
3.2
20.0
1.9
68.2
8.8
4.4
106.5
Amortisation charge
-
0.7
18.4
0.2
25.5
1.9
3.4
50.1
Disposals
-
-
-
-
-
(1.9)
(2.7)
(4.6)
Currency translation
-
0.7
1.1
0.4
13.6
0.5
0.3
16.6
At 30 September 2022
-
4.6
39.5
2.5
107.3
9.3
5.4
168.6
Net book value
3.9
3.9
1.6
0.6
137.7
4.0
4.7
156.4
At 30 September 2021
-
3.2
103.4
0.2
244.8
3.9
11.1
366.6
At 30 September 2022
0.4
3.0
102.7
-
260.2
4.2
14.9
385.4
At 30 September 2020
Amortisation of acquired intangibles was £34.4m (2021: £34.4m) and amortisation of other intangibles was £15.7m
(2021: £13.4m). The £15.7m amortisation of other intangibles comprises £1.9m on amortisation of software (2021:
£1.6m), £3.4m on internally developed intangibles (2021: £3.0m).and £10.4m (2021: £9.0m) of technology which related
to the SDL business. The residual £34.4m of amortisation was wholly incurred on acquired intangible assets (2021:
£34.4m). The Group has identified intangible assets which are individually material as follows:
•
•
•
•
•
SDL technology products acquired of £61.9m (2021: £74.2m) with a remaining useful life of 5 years
SDL's Helix platform of £15.8m (2021: £18.9m) with a remaining useful life of 5 years
SDL's customer relationships of £122.9m (2021:£124.4m) with a remaining useful life of 9 years
Moravia's customer relationships of £99.9m (2021: £81.1m) with a remaining useful life of 15 years and
Life Science’s customer relationships of £11.6m (2021: £11.8m) with a remaining useful life of 5 years.
No other classes of intangible asset hold individually material items. The remaining average useful life is 11 years.
130
RWS — Annual Report 2022
NOTES TO THE CONSOLIDATED STATEMENTS
