Pearson

Annual Report and Accounts 2010

Notes to the consolidated financial statements

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20. Intangible assets – Pre-publication

All figures in £ millions 2010 2009
Cost
At beginning of year 1,727 1,800
Exchange differences 52 (160)
Additions 319 322
Disposals (248) (230)
Acquisition through business combination 13 (1)
Transfer to inventories (4)
At end of year 1,863 1,727
Amortisation
At beginning of year (1,077) (1,105)
Exchange differences (33) 102
Charge for the year (350) (307)
Disposals 248 230
Acquisition through business combination (4) 3
At end of year (1,216) (1,077)
Carrying amounts
At end of year 647 650

Included in the above are pre-publication assets amounting to £399m (2009: £398m) which will be realised in more than one year.

Amortisation is included in the income statement in cost of goods sold.