The term ‘indefinite’ does not mean ‘infinite’. The useful life of an intangible asset reflects only
that level of future maintenance expenditure required to maintain the asset at its standard of
performance assessed at the time of estimating the asset’s useful life, and the entity’s ability
and intention to reach such a level. A conclusion that the useful life of an intangible asset is
indefinite should not depend on planned future expenditure in excess of that required to
maintain the asset at that standard of performance.