Page 119 - Annual Report 2019
P. 119
116 ANNUAL REPORT 2019 QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS
5. Intangible Assets
Software development
Computer software Software development cost capital work in progress Total
Cost USD ‘000 USD ‘000 USD ‘000 USD ‘000
At 1 January 2018 699 2,494 45 3,238
Additions during the year - 68 22 90
Transfers - 45 (45) -
Balance at 31 December 2018 699 2,607 22 3,328
Addition during the year - - 53 53
Retirement (86) - - (86)
Transfers - 8 (8) -
At 31 December 2019 613 2,615 67 3,295
