Adcock Ingram Integrated Report 2018

ANNUAL FINANCIAL STATEMENTS 84 ADCOCK INGRAM  Integrated Report 2018 Notes to the Group annual financial statements continued 11 INTANGIBLE ASSETS Goodwill Trademarks and market- related intangibles Customer- related intangibles and licence agreements Total R’000 R’000 R’000 R’000 2018 Carrying value at beginning of year Cost 18 175 310 100 112 784 441 059 Accumulated amortisation – (82 435) (8 627) (91 062) Net balance at beginning of year 18 175 227 665 104 157 349 997 Current year movements – cost Additions – 4 450 – 4 450 Additions through business combination (note 1.1) 163 758 121 385 – 285 143 Exchange rate adjustments – 2 – 2 Cost movement for the year 163 758 125 837 – 289 595 Current year movements – accumulated amortisation Charge for the year – (9 567) (1 080) (10 647) Impairment (1) – (2 700) – (2 700) Exchange rate adjustments – (3) – (3) Accumulated amortisation movement for the year – (12 270) (1 080) (13 350) Carrying value at end of year Cost 181 933 435 937 112 784 730 654 Accumulated amortisation – (94 705) (9 707) (104 412) Net balance at end of year 181 933 341 232 103 077 626 242 (1) Refer to Annexure G on impairments.