Notes to the Consolidated Financial Statements
12. INTANGIBLE ASSETS
Computer Software
Under Development
(millions)
Total
COST Balance, April 1, 2019
$
136
$
14 13
$
122
22
Additions Transfers
9
(9)
-
(9)
149
Balance, March 31, 2020
131
18 15
37
Additions Disposals Transfers
22
(12) (22)
(12)
-
-
(22)
152
Balance, March 31, 2021
141
11
ACCUMULATED AMORTIZATION Balance, April 1, 2019
66 10 76 11
66 10 76 11
- - - - - -
Amortization
Balance, March 31, 2020
Amortization
(12)
Disposals
(12)
75
Balance, March 31, 2021
75
CARRYING AMOUNTS Balance, March 31, 2020 Balance, March 31, 2021
$ $
73 77
$ $
55 66
$ $
18 11
The annualized composite rate of amortization was 8.0 per cent during the period (2020 - 7.6 per cent).
p.71
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