Group
	(R’million)	Goodwill	Trademarks, licence agreements and other	Customer lists	Total
13	Goodwill and intangible assets
13.1	Movement of group goodwill and intangible assets
	2017
	Carrying value at beginning of the year
	Cost	2 591,4	1 753,4	542,3	4 887,1
	Accumulated amortisation and impairment	(492,8)	(382,9)	(70,9)	(946,6)
	Net balance at beginning of the year	2 098,6	1 370,5	471,4	3 940,5
	Current year movements – cost
	Disposal of subsidiary	(14,9)	–	–	(14,9)
	Transfer to assets held for sale (refer to note 35)	(8,7)	(2,0)	–	(10,7)
	Exchange rate adjustments	(0,8)	2,2	–	1,4
	Cost movements for the current year	(24,4)	0,2	–	(24,2)
	Current year movements – accumulated amortisation and impairment
	Transfer to assets held for sale (refer to note 35)	–	2,0	–	2,0
	Amortisation	–	(10,8)	(0,6)	(11,4)
	Impairment (refer to note 14)	(300,0)	(9,9)	–	(309,9)
	Accumulated amortisation and impairment movement for the current year	(300,0)	(18,7)	(0,6)	(319,3)
	Carrying value at end of the year
	Cost	2 567,0	1 753,6	542,3	4 862,9
	Accumulated amortisation and impairment	(792,8)	(401,6)	(71,5)	(1 265,9)
	Net balance at end of the year	1 774,2	1 352,0	470,8	3 597,0
	2016
	Carrying value at beginning of the year
	Cost	3 343,7	1 834,7	538,0	5 716,4
	Accumulated amortisation and impairment	(1 104,6)	(308,4)	(70,4)	(1 483,4)
	Net balance at beginning of the year	2 239,1	1 526,3	467,6	4 233,0
	Current year movements – cost
	Disposal of subsidiary	(761,8)	(86,9)	–	(848,7)
	Acquisition of business	10,4	6,0	4,5	20,9
	Exchange rate adjustments	(0,9)	(0,4)	(0,2)	(1,5)
	Cost movements for the current year	(752,3)	(81,3)	4,3	(829,3)
	Current year movements – accumulated amortisation and impairment
	Disposal of subsidiary	761,8	86,9	–	848,7
	Amortisation	–	(11,4)	(0,5)	(11,9)
	Impairment	(150,0)	(150,0)	–	(300,0)
	Accumulated amortisation and impairment movement for the current year	611,8	(74,5)	(0,5)	536,8
	Carrying value at end of the year
	Cost	2 591,4	1 753,4	542,3	4 887,1
	Accumulated amortisation and impairment	(492,8)	(382,9)	(70,9)	(946,6)
	Net balance at end of the year	2 098,6	1 370,5	471,4	3 940,5

Trademarks comprise well-established, growing brands. Except for trademarks with a carrying value of R90,6 million (2016: R104,8 million) which are amortised, the brand portfolio is considered to have indefinite useful lives and are therefore not amortised. Refer to the accounting policies for further details on amortisation.

	Group	Goodwill				Indefinite useful life intangible assets
	(R’million)	2017		2016		2017		2016
13.2	The carrying value is allocated to cash-generating units as follows:
	Exports and International	790,1		1 114,5		519,1		519,1
	Beverages	580,5		580,5		194,6		194,6
	Snacks & Treats	–		–		119,6		119,6
	Groceries	72,3		72,3		725,0		729,9
	Value Added Meat Products	16,4		16,4		–		–
	HPCB	314,9		314,9		173,9		173,9
		1 774,2		2 098,6		1 732,2		1 737,1