Annual Report 2016

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33. (D) Intangible Assets

Assets under constructionSoftwareTotal
At beginning of the year5,98810,58916,577
Transfers out of assets under construction(9,802)9,802-
At end of the year5,74920,26626,015
Amortisation and impairment
At beginning of the year-9,9649,964
Charge for year-1,1091,109
At end of the year-11,07311,073
Carrying amount
At 30 March 20165,9886256,613
At 25 March 20155,7499,19314,942

Assets under construction relate to the design and build of IT applications. During the year the Oracle e-business suite was capitalised and part of the application for the Fuels and Horticulture businesses remains as an asset under construction at year end.