Note 10: Intangible assets
Acquired software | Internally generated software | Total | |
$000 | $000 | $000 | |
Cost | |||
Balance at 1 July 2012 | 3,171 | 120 | 3,291 |
Additions | 396 | - | 396 |
Disposals | (22) | - | (22) |
Balance at 30 June 2013 | 3,545 | 120 | 3,665 |
Additions | 273 | - | 273 |
Disposals | - | - | - |
Balance at 30 June 2014 | 3,818 | 120 | 3,938 |
Accumulated amortisation and impairment losses | |||
Balance at 1 July 2012 | 2,544 | 88 | 2,632 |
Amortisation expense | 318 | 24 | 342 |
Disposals | (1) | - | (1) |
Balance at 30 June 2013 | 2,861 | 112 | 2,973 |
Amortisation expense | 392 | 8 | 400 |
Disposals | - | - | - |
Balance at 30 June 2014 | 3,253 | 120 | 3,373 |
Carrying amounts | |||
At 1 July 2012 | 627 | 32 | 659 |
At 30 June 2013 | 684 | 8 | 692 |
At 30 June 2014 | 565 | - | 565 |
There are no restrictions over the title of the Office's intangible assets. No intangible assets are pledged as security for liabilities.