82 NOTEs TO THE FINANCIAL sTATEMENTs  13. AVAILABLE FOR sALE INVEsTMENTs 14. INTANGIBLE AssETs RECONCILIATIONS FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 Available for sale investments consist of investments in ordinary shares at fair value and have no fixed maturity date.  During the year, an impairment charge of $0.4 million was recognised in the income statement due to a significant decline in  the share price in respect of one investment. Reconciliations of the carrying amount of each class of intangible at the beginning and end of the current financial year  are set out below: 30June 2013 $’000 24 JUNE 2012 $’000 Listed equity securities – at fair value  1,929   1,991  Total available for sale investments  1,929   1,991  30June 2013 $’000 24 JUNE 2012 $’000 Mastheads and tradenames   966,223   1,286,843  Goodwill  294,385   1,009,085  Radio licences   114,037   121,637  Software   56,840   76,006  Customer relationships   6,549   8,474  Total intangible assets  1,438,034   2,502,045  NOTE  MASTHEADS &  TRADENAMES  $’000  GOODWILL  $’000 RADIO  LICENCES $’000  SOFTWARE  $’000  CUSTOMER  RELATIONSHIPS  $’000  TOTAL $’000 At 26 June 2011 Cost  3,714,053   2,468,101   156,678   253,229   8,008   6,600,069  Accumulated amortisation and impairment  (459,657)  (669,083)  (24,461)  (182,205)  (4,555)  (1,339,961) net carrying amount  3,254,396   1,799,018   132,217   71,024   3,453   5,260,108  Period ended 24 June 2012 Balance at beginning of the financial year  3,254,396   1,799,018   132,217   71,024   3,453   5,260,108  Additions  1,443   46   –   17,011   –   18,500  Capitalisations from works in progress 15  –   –   –   7,843   –   7,843  Reallocation from purchase price  accounting   –   (8,263)  –   2,899   7,384   2,020  Disposals  –   (2,000)  (10,580)  (134)  –   (12,714) Assets classified as held for sale  (15,211)  (11)  –   (40)  –   (15,262) Acquisition through business combinations  2,895   6,518   –   5,675   –   15,088  Amortisation for continuing operations 3(B)  (28)  –   –   (26,155)  (2,379)  (28,562) Amortisation for discontinued operations  –   –   –   (2,113)  –   (2,113) Impairment  (1,963,624)  (794,295)  –   (251)  –   (2,758,170) Exchange differences  6,972   8,072   –   247   16   15,307  At 24 June 2012, net of accumulated  amortisation and impairment  1,286,843   1,009,085   121,637   76,006   8,474   2,502,045 