Other Intangible Assets

6 Months Ended

Jun. 30, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE 5 – OTHER INTANGIBLE ASSETS

The following table summarizes the other intangible assets movement year on year:


	Six Months Ended June 30
(in millions)	2014			2013
Gross cost at January 1	$	175.5		$	106.2
Capitalization of internally developed software and other costs		3.0			3.8
Exchange effect		0.1			0.0

Gross cost at June 30		178.6			110.0

Accumulated amortization at January 1		(48.7	)		(37.6	)
Amortization expense		(8.8	)		(4.2	)
Exchange effect		0.0			(0.1	)

Accumulated amortization at June 30		(57.5	)		(41.9	)

Net book amount at June 30	$	121.1		$	68.1

Capitalization of internally developed software and other costs

We are continuing with the implementation of a new, company-wide, information system platform. At June 30, 2014, we had capitalized $22.5 million (2013 – $13.9 million) in relation to this internally developed software.

Amortization expense


	Six Months Ended June 30
(in millions)	2014			2013
Product rights	$	(1.9	)	$	0.0
Brand names		(0.3	)		0.0
Technology		(1.2	)		(1.0	)
Customer relationships		(2.5	)		(1.8	)
Patents		(0.2	)		(0.2	)
Internally developed software		(1.9	)		0.0
Non-compete agreements		(0.4	)		(0.4	)
Marketing related		(0.4	)		(0.8	)

Total	$	(8.8	)	$	(4.2	)