2019-20 SaskEnergy Annual Report

Notes to the Consolidated Financial Statements

11. INTANGIBLE ASSETS

Computer Software

Under Development

(millions)

Total

COST Balance, April 1, 2018

$

134

8

$

126 $

24

Additions Disposals Transfers

9

15

(13)

(13)

-

(9)

-

(9)

136

Balance, March 31, 2019

122

14 13

22

Additions Transfers

9

(9)

-

(9)

149

Balance, March 31, 2020

131

18

ACCUMULATED AMORTIZATION Balance, April 1, 2018

70

70

- - - - - -

9

Amortization

9

(13)

Disposals

(13)

66 10 76

Balance, March 31, 2019

66 10 76

Amortization

Balance, March 31, 2020

CARRYING AMOUNTS Balance, March 31, 2019 Balance, March 31, 2020

$ $

70 73

$ $

56 $ 55 $

14 18

The annualized composite rate of amortization was 7.6 per cent during the period (2019 - 7.5 per cent).

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