In itsstatement of financial position at 31 December, 2020DeJaVu Ltd reports the following intangible assets:

$m

Licence at cost

30

lessAccumulated amortisation

(6)

24

Trademarks, at cost

45

Brand name

300

Patents at directors' valuation

450

lessAccumulated amortisation

(90)

360

1. The licence has a 10-year life of which eight years remain. The licence can be traded in an active market and has a fair value of $25 million.
2. The trademark can be renewed indefinitely, subject to continued use. The cost represents registration fees, which were initially expensed but recognised five years later after the trademark had started to become recognised by consumers.
3. The brand name is stated at fair value and is internally generated.
4. Patents were acquired at a cost of $330 million and were revalued soon afterwards. They have an estimated life of 15 years, of which 12 years remain.

REQUIRED

Analyse the above information and state how each asset, or class of assets, should be reported in accordance with AASB 138,"Intangible Assets".