Other Intangible Assets

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 5 – OTHER INTANGIBLE ASSETS

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


	Three Months Ended March 31
(in millions)	2015			2014
Gross cost at January 1	$	247.6		$	175.5
Capitalization of internally developed software		2.7			1.5
Exchange effect		(0.1	)		0.0

Gross cost at March 31		250.2			177.0

Accumulated amortization at January 1		(66.5	)		(48.7	)
Amortization expense		(5.1	)		(4.4	)
Exchange effect		0.0			0.1

Accumulated amortization at March 31		(71.6	)		(53.0	)

Net book amount at March 31	$	178.6		$	124.0

Capitalization of internally developed software

We are continuing with the implementation of our new, company-wide, information system platform. At March 31, 2015, we had capitalized $30.5 million (2014 – $20.1 million) in relation to this internally developed software.

Amortization expense


	Three Months Ended March 31
(in millions)	2015			2014
Product rights	$	(0.9	)	$	(1.0	)
Brand names		(0.3	)		(0.1	)
Technology		(0.9	)		(0.6	)
Customer relationships		(1.7	)		(1.3	)
Patents		0.0			(0.1	)
Non-compete agreements		(0.2	)		(0.2	)
Marketing related		(0.2	)		(0.2	)
Internally developed software		(0.9	)		(0.9	)

Total	$	(5.1	)	$	(4.4	)