8 Multi-client projects library
31-Dec-11
(In thousands of USD)
Balance as of 01 January
31-Dec-10 -
Cash investments Capitalized depreciation * Amortization * Balance as of 31 December
-
17,282
-
3,734
-
(10,545)
-
10,470
-
*Also refer to Note 28 Depreciation and Amortization.
9 Intangible assets (In thousands of USD)
ERP System
Industry specific applications
Industry specific applications under development
Consideration for vessel buyback options
Total
Year ended 31 December 2010 Costs Balance as at 01 January 2010 Additions Buyback option exercised Capitalized during the year Balance as at 31 December 2010
344 199 543
743 743
609 170 (743) 36
3,400 (1,700) 1,700
4,353 1,111 (1,700) (743) 3,021
Amortization and impairment losses Balance as at 01 January 2010 Amortization for the period Balance as at 31 December 2010
74 134 208
180 180
-
-
74 314 388
Carrying amounts As at 01 January 2010 As at 31 December 2010
270 334
563
609 36
3,400 1,700
4,279 2,633
Costs Balance as at 01 January 2011 Additions Buyback option exercised Capitalized during the year Balance as at 31 December 2011
543 53 596
743 42 785
36 123 160
1,700 (1,700) -
3,021 219 (1,700) 1,540
Amortization and impairment losses Balance as at 01 January 2011 Amortization for the period Balance as at 31 December 2011
208 185 394
180 256 435
-
-
388 441 829
Carrying amounts As at 01 January 2011 As at 31 December 2011
334 202
563 350
36 160
1,700 -
2,633 712
Year ended 31 December 2011
57