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Intangible assets (Tables)
12 Months Ended
Jun. 30, 2018
Text block1 [abstract]  
Summary of Intangible Assets

 

     2018     2017  
     Goodwill     Other
intangibles
    Total     Goodwill     Other
intangibles
    Total  
     US$M     US$M     US$M     US$M     US$M     US$M  

Net book value

            

At the beginning of the financial year

     3,269       699       3,968       3,273       846       4,119  

Additions

           50       50             81       81  

Amortisation for the year

           (197     (197           (195     (195

Impairments for the year (1)

     (2,339     (14     (2,353           (33     (33

Disposals

     (16     (7     (23     (4           (4

Transferred to assets held for sale

     (667           (667                  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

At the end of the financial year (2)

     247       531       778       3,269       699       3,968  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

– Cost

     247       1,665       1,912       3,269       1,722       4,991  

– Accumulated amortisation and impairments

           (1,134     (1,134           (1,023     (1,023
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)

Includes impairment charges related to Onshore US assets of US$2,339 million (2017: US$ nil). Refer to note 26 ‘Discontinued operations’.

 

(2)

The Group’s aggregate net carrying value of goodwill for Continuing operations is US$247 million (2017: US$247 million), representing less than one per cent of net equity at 30 June 2018 (2017: less than one per cent). The goodwill is allocated across a number of cash-generating units (CGUs).