Notes to the Consolidated Financial Statements
10. Intangible Assets
Computer Software
Under Development
(millions)
Total
COST Balance, April 1, 2023
8 $
164
$
156 $
21
Additions Disposals Transfers
6
15
(6) (6)
(5)
(1) (6)
-
173
Balance, March 31, 2024
157
16 12
18
Additions Disposals Transfers
6
(16)
(16)
-
(6)
-
(6)
169
Balance, March 31, 2025
147
22
ACCUMULATED AMORTIZATION Balance, April 1, 2023
113
113
- - - - - - -
20
Amortization
20
(5)
Disposals
(5)
128
Balance, March 31, 2024
128
13
Amortization
13
(16)
Disposals
(16)
125
Balance, March 31, 2025 CARRYING AMOUNTS Balance, March 31, 2024 Balance, March 31, 2025
125
16 $ 22 $
45 44
$ $
29 $ 22 $
The annualized composite rate of amortization was 8.5 per cent during the period (2024 - 12.7 per cent).
77
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