HSRC Integrated Annual Report 2018/2019

HSRC INTEGRATED ANNUAL REPORT 2018/19 / 109 NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2019 (Continued) Reconciliation of carrying value Total Software Usage Rights R’000 R’000 R’000 6.2 Intangible assets Balance as at 31 March 2019 Opening net carrying amount 3 022 1 482 1 540 Gross carrying amount 6 388 3 725 2 663 Accumulated depreciation (3 366) (2 243) (1 123) Disposal (501) (501) - Cost of disposal (1 224) (1 224) - Accumulated amortisation of disposal 723 723 - Amortisation (472) (339) (133) Amortisation (472) (339) (133) Closing net carrying amount 2 049 642 1 407 Gross carrying amount 5 164 2 501 2 663 Accumulated depreciation (3 115) (1 859) (1 256) Balance as at 31 March 2018 Opening net carrying amount 3 382 1 709 1 673 Gross carrying amount 6 185 3 522 2 663 Accumulated depreciation (2 803) (1 813) (990) Additions and revaluations 203 203 - Additions processed in the year 203 203 - Amortisation (563) (430) (133) Amortisation (563) (430) (133) Closing net carrying amount 3 022 1 482 1 540 Gross carrying amount 6 388 3 725 2 663 Accumulated depreciation (3 366) (2 243) (1 123)