10. Intangible assets
Computer Software
Under
(millions)
Development
Total
COST Balance, January 1, 2015
$ 90
$
6 3
$ 96
Additions
1 5
4
Additions through internal development
12
17
Disposals Transfers
(1)
–
(1) (6)
–
(6)
Balance, March 31, 2016
95
15
110
Additions
4
2
6
Additions through internal development
15
10
25
Transfers
–
(19)
(19)
Balance, March 31, 2017
114
8
122
ACCUMULATED AMORTIZATION Balance, January 1, 2015
49
– –
49
Amortization
7
7
Disposals
(1)
(1)
Balance, March 31, 2016
55
–
55
Amortization
7
– –
7
Balance, March 31, 2017
62
62
CARRYING AMOUNTS Balance, March 31, 2016
$ 40
$ 15
$ 55
Balance, March 31, 2017
$ 52
$
8
$ 60
The annualized composite rate of amortization was 7.0% during the period (2016 – 5.9%).
63
2016-17 ANNUAL REPORT SASKENERGY
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