Pdf
GroupAcquired
brands and
customer
relationships
£'000
New product
development
costs
£'000
Capitalised
software
£'000
Total
£'000
Cost
At 1st July 20131,3611,4911222,974
Additions15643199
At 30th June 20141,3611,6471653,173
Additions76844812
Disposals(31)(31)
At 30th June 20151,3612,4151783,954
Amortisation
At 1st July 2013653737461,436
Charge for the year11925338410
At 30th June 2014772990841,846
Charge for the year11919545359
Disposals(31)(31)
At 30th June 20158911,185982,174
Carrying value
At 30th June 20154701,230801,780
At 30th June 2014589657811,327

Veterinary medicine product development costs are amortised over four to seven years, acquired brands are amortised over 15 years and acquired customer relationships are amortised over ten years. The amortisation period for capitalised software, which principally relates to the bespoke Anibase pet database, is four years.

CompanyCapitalised
software
£'000
Total
£'000
Cost
At 1st July 2014
Additions77
At 30th June 201577
Amortisation
At 1st July 2014
Charge for the year11
Carrying value
At 30th June 201566
At 30th June 2014--