Page 80 - English

Computer software USD ‘000
Software development cost USD ‘000
Software development capital work in progress USD ‘000
Total USD ‘000
Cost:
At 1 January 2014
553
867
693
2,113
Additions during the year
6
214
801
1,021
Transfers
-
693
(693)
-
Balance at 31 December 2014
559
1,774
801
3,134
Additions during the year
185
221
-
406
Transfers in / (Out)
286
499
(801)
(16)
Write-off during the year
(35)
-
-
(35)
At 31 December 2015
995
2,494
-
3,489
Amortisation:
At 1 January 2014
444
693
-
1,137
Charge for the year
58
243
-
301
Balance at 31 December 2014
502
936
-
1,438
Charge for the year
134
323
-
457
Relating to write-off
(35)
-
-
(35)
At 31 December 2015
601
1,259
-
1,860
Net carrying amounts:
31 December 2015
394
1,235
-
1,629
31 December 2014
57
838
801
1,696
2015 USD ‘000
2014 USD ‘000
Fees receivable
-
13
Prepaid expenses
384
1,032
Interest receivable
156
54
Other receivables
61
171
Amount due from a related party (Note 12)
32
-
Impairment allowance for doubtful debts
-
(83)
633
1,187
78
5. Intangible assets
6. Accounts receivable and prepayments
There were no impaired accounts receivable as at 31 December 2015 (2014: USD 83 thousand).