Warrington Plc produces a range of childrens toys, and markets and sells them under its internally developed brand, Kidztoyz. The brand is now highly respected and the porduct are regarded as "must have toys". On 1 July 20X3, Fraiser PLC aquired the whole of Warringon Plc for $50 Million. At this date, a brand valuation expert valued the KIDZTOYZ brand at 15 Million at a basis of useful life of 5 years. Other net assets were deemed to have a fair value of $25 Million.

Required:

Assuming that the goodwill arising on the acquisition of Warrington was not impaired at 30 June 20X4. What amounts for intangible assets should be recognized in Fraiser PLC consolidated financial statement at 30 June, 20X4 in respect of this tranasction? Please Explain.