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ASX Additional Information

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
NOTE 19 — GOODWILL AND OTHER INTANGIBLE
ASSETS
Goodwill
Construction rights
Liquor licences
5,064
1,388
185
4,917
1,388
185
—
—
—
—
—
—
6,637 6,490 — —
Management rights
Less: Accumulated amortisation
6,097
(1,129)
5,865
(413)
—
—
—
—
4,968 5,452 — —
Software
Less: Accumulated amortisation
5,090
(1,846)
3,068
(1,280)
115
(58)
242
(127)
3,244 1,788 57 115
14,849 13,730 57 115

Reconciliations

Summaries of the carrying amount movements of each class of intangible assets between the beginning and end of the year are set out below:

Construction Liquor Management
Goodwill Rights Licences Rights Software
$’000 $’000 $’000 $’000 $’000
2008 — The Group
Gross balance at the beginning of the year 4,917 1,388 185 5,865 3,068
Accumulated amortisation and impairment losses
at the beginning of the year — — — (413) (1,280)
Net balance at the beginning of the year 4,917 1,388 185 5,452 1,788
Acquisitions — — — 230 2,157
Transfer from plant and equipment — — — — 364
Amortisation — — — (715) (1,073)
Net foreign currency differences on translation
of foreign operations 147 — — 1 8
Net balance at the end of the year 5,064 1,388 185 4,968 3,244
2007 — The Group
Gross balance at the beginning of the year 11,220 1,388 263 865 9,611
Accumulated amortisation and impairment losses
at the beginning of the year — — — (209) (7,914)
Net balance at the beginning of the year 11,220 1,388 263 656 1,697
Acquisitions — — — 5,000 1,176
Disposals (5,974) — (78) — (47)
Amortisation — — — (203) (1,023)
Net foreign currency differences on translation
of foreign operations (329) — — (1) (15)
Net balance at the end of the year 4,917 1,388 185 5,452 1,788

Impairment losses recognised

No impairment losses in relation to goodwill have been recognised in the year ended 30 June 2008 (2007: $nil).