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## NOTEs TO THE FINANCIAL sTATEMENTs 

FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 

## 13. AVAILABLE FOR sALE INVEsTMENTs 

<img src='content_image/242968.jpg'>

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. 

## 14. INTANGIBLE AssETs 

<img src='content_image/242969.jpg'>

## RECONCILIATIONS 

Reconciliations of the carrying amount of each class of intangible at the beginning and end of the current financial year are set out below: 

<img src='content_image/242970.jpg'>

