23. intangible assets
Cost
Balance at 1 January 2018
Addi ons
Balance at 31 December 2018
Amor sa on
Balance at 1 January 2018
Charge for the period
Balance at 31 December 2018
Net book value
at 31 December 2017
at 31 December 2018
So ware under construc on consists of capitalised development costs being an internally generated intangible asset. Specifically this relates to
the development of an online coaching academy which will offer cer fied tennis coaching courses. Amor sa on will be charged when the asset is
substan ally ready for use.
Other internally generated so ware relates to the investment in the ITF's IPIN system and website development costs as well as other so ware
development including capitalised IT staff costs.
Internally
generated so ware
(under construc on)
$000
Total
$000
-
144
144
-
-
-
-
144
-
1,879
1,879
-
246
246
-
1,633
Internally
generated so ware
$000
-
1,735
1,735
-
246
246
-
1,489
Notes
(Forming part of the financial statements)
ITF ANNUAL REPORT AND FINANCIAL STATEMENTS / 26