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| 10. |
OTHER INTANGIBLE ASSETS |
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At 1 April 2004 |
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|
|
|
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|
Cost |
— |
2 094 |
486 |
43 |
2 623 |
|
Accumulated amortisation |
— |
(479) |
(256) |
(12) |
(747) |
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Net book amount |
— |
1 615 |
230 |
31 |
1 876 |
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Movement in net book amount |
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Year ended 31 March 2005 |
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Opening net book amount |
— |
1 615 |
230 |
31 |
1 876 |
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Amortisation charge |
— |
(143) |
(35) |
(11) |
(189) |
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Additions |
— |
13 |
134 |
— |
147 |
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Exchange differences |
— |
2 |
10 |
* |
12 |
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Closing net book amount |
— |
1 487 |
339 |
20 |
1 846 |
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At 31 March 2005 |
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|
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Cost |
— |
2 107 |
645 |
55 |
2 807 |
|
Accumulated amortisation |
— |
(620) |
(306) |
(35) |
(961) |
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Net book amount |
— |
1 487 |
339 |
20 |
1 846 |
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Movement in net book amount |
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Period ended 31 December 2005 |
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|
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Opening net book amount |
— |
1 487 |
339 |
20 |
1 846 |
|
Additions |
— |
1 132 |
285 |
— |
1 417 |
|
Amortisation charge |
(33) |
(132) |
(81) |
(10) |
(256) |
|
Additions – business combinations |
351 |
455 |
— |
27 |
833 |
|
Exchange differences |
(4) |
224 |
(2) |
(1) |
217 |
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Closing net book amount |
314 |
3 166 |
541 |
36 |
4 057 |
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*Amount less than R1 million |
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At 31 December 2005 |
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|
|
|
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| |
Cost |
347 |
3 910 |
927 |
82 |
5 266 |
| |
Accumulated amortisation |
(33) |
(745) |
(385) |
(46) |
(1 209) |
| |
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| |
Net book amount |
314 |
3 165 |
542 |
36 |
4 057 |
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The Ugandan Communication Commission has granted consent for the licence of MTN Uganda with a book value of R7,9 million (March 2005: R8,7 million) to be used as security for the syndicated loan made by various banks and financial institutions (note 19).
Borrowings from MTN Nigeria are secured by a fixed charge over the company’s service licence to the value of R1 188 million (March 2005: R1 091 million) (note 19).
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