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65GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 20152. Signifcant accounting policies (continued)xxiv) Intangible assets (continued)Computer software (continued)Other development expenditures that do not meet these criteria are recognised as an expense as incurred. Development costs previously recognised as an expense are not recognised as an asset in a subsequent period.Computer software development costs recognised as assets are amortised over their estimated useful lives, which do not exceed fve years.xxv) Deferred programming Deferred programming, which represents programming contracted but not yet broadcasted, is presented within trade and other receivables and is measured at cost less amortisation. The costs of programmes are expensed as they are broadcasted.xxvi) Segment reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker. The chief operating decisionmaker, who is responsible for allocating resources and assessing performance of the operating segments, has been identifed as the Board of Directors that makes strategic decisions.xxvii) Dividend distribution Dividend distribution to the Company%u2019s shareholders is recognised as a liability in the Group%u2019s fnancial statements in the period in which the dividends are approved by the Company%u2019s Board of Directors.(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)