Analysed as:
2012 2011
£’000 £’000
Accelerated capital allowances (588) 651
Deferred tax liability on separately identifiable intangible
assets on business combinations 4,137 4,726
Deferred tax on financial assets 2,456 -
Deferred tax on share options (155) (63)
Deferred tax on interest rate swap (192) (316)
Other short-term temporary differences (194) (226)
5,464 4,772
Deferred tax credit in income statement relates to the following:
2012 2011
£’000 £’000
Intangible assets recognised on business combinations 699 822
Accelerated capital allowance 1,239 568
Deferred tax on share options 92 (259)
Other temporary differences (156) 55
1,874 1,186
At the end of either year there was no unrecognised deferred tax liability for taxes that would be payable on the unremitted earnings of the Group’s
subsidiaries.
14. intangible assets
goodwill
2012 2011
£’000 £’000
cost
At 1st January 116,452 74,742
Arising on acquisitions during the year 3,453 41,710
Adjustment in respect of change in contingent consideration (156) –
At 31st December 119,749 116,452
Financial Statements
2012 2011
£’000 £’000
Carrying amount of goodwill by operating unit
Estate Agency and Related Services companies
Marsh & Parsons 40,307 40,307
Your Move 39,088 39,078
Reeds Rains 15,279 15,279
LSLi 9,302 6,015
AMF (trading as Pink Home Loans) 2,604 2,604
First Complete 3,998 3,998
Templeton LPA 336 336
Others 348 348
111,262 107,965
Surveying and Valuation Services companies
e.surv Chartered Surveyors 8,487 8,487
8,487 8,487
119,749 116,452
83