Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Intangible assets (Tables)

v3.21.2
Intangible assets (Tables)
6 Months Ended
Jul. 31, 2021
Disclosure of detailed information about intangible assets [abstract]  
Disclosure of Detailed Information About Intangible Assets

 

   

31 July 2021

US $000’s

    31 January 2021 US $000’s  
Goodwill                
Cost     3,949       3,949  
Accumulated impairment     (3,949 )     (3,949 )
      -       -  
Patents and licenses                
Cost     15,730       16,368  
Accumulated amortisation and impairment     (7,221 )     (2,612 )
      8,509       13,756  
Brands                
Cost     -       8,772  
Accumulated amortisation and impairment     -       (6,307 )
      -       2,465  
Software & Website                
Cost     69       11,275  
Accumulated amortisation and impairment     (18 )     (11,138 )
      51       137  
                 
Total intangible assets     8,560       16,358  
Disclosure of Detailed Information About Movements in Carrying Amounts of Intangible Assets

(a) Movements in carrying amounts of intangible assets

 

   

Goodwill

US $000’s

   

Patents and licenses

US $000’s

   

Brands

US $000’s

   

Software & website

US $000’s

   

Total

US $000’s

 
For the 6 months ended 31 July 2021                                        
Balance at the beginning of the period     -       13,756       2,465       137       16,358  
Additions     -       -       -       -       -  
Amortisation expense - continuing operations     -       (149 )     -       (11 )     (160 )
Amortisation expense – discontinued operations     -       -       -       (5 )     (5 )
Reduction due to discontinued operations     -       -       (2,501 )     (75 )     (2,576 )
Impairment     -       (4,971 )     -       -       (4,971 )
Foreign exchange movements     -       (127 )     36       5       (86 )
Closing value at 31 July 2021     -       8,509       -       51       8,560  

 

 

Naked Brand Group Limited

Notes to the Consolidated Financial Statements

For the Half Year Ended 31 July 2021

 

   

Goodwill

US $000’s

   

Patents and licenses

US $000’s

   

Brands

US $000’s

   

Software & Website

US $000’s

   

Total

US $000’s

 
For the 6 months ended 31 January 2021                                        
Balance at the beginning of the period     -       13,768       3,675       55       17,498  
Additions     -       -       -       86       86  
Amortisation expense     -       (146 )     -       (11 )     (157 )
Impairment     -       -       (1,423 )     -       (1,423 )
Foreign exchange movements     -       134       213       7       354  
Closing value at 31 January 2021     -       13,756       2,465       137       16,358  
Disclosure of Impairment of Intangible Assets

(b) Impairment of patents and licenses

 

   

6 months to

31 July 2021

US $000’s

   

6 months to

31 July 2020

US $000’s

 
             
Impairment of FOH license     (4,971 )     -  
Impairment of patents and licenses     (4,971 )     -