| Other assets and Intangibles |
5. | Other assets and Intangibles |
Other assets consist of the following (in thousands): | | | | | | | | | | April 30, | | October 31, | | | | 2022 | | 2021 | | Mexican IVA (i.e. value-added) taxes receivable (see note 11) | | $ | 39,830 | | $ | 37,493 | | Infrastructure advances to Agricola Belher | | | 1,641 | | | 1,641 | | Bridge loan to Agricola Belher | | | 2,600 | | | — | | Other | | | 674 | | | 1,366 | | Total | | $ | 44,745 | | $ | 40,500 | |
Intangible assets consist of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | April 30, 2022 | | October 31, 2021 | | | | Weighted- | | Gross | | | | | Net | | Gross | | | | | Net | | | | Average | | Carrying | | Accum. | | Book | | Carrying | | Accum. | | Book | | | | Useful Life | | Value | | Amortization | | Value | | Value | | Amortization | | Value | | Customer list/relationships | | 7 years | | $ | 17,340 | | $ | (10,681) | | $ | 6,659 | | $ | 17,340 | | $ | (9,989) | | $ | 7,351 | | Trade names | | 11 years | | | 4,060 | | | (3,040) | | | 1,020 | | | 4,060 | | | (2,980) | | | 1,080 | | Trade secrets/recipes | | 9 years | | | 630 | | | (592) | | | 38 | | | 630 | | | (567) | | | 63 | | Brand name intangibles | | indefinite | | | 275 | | | — | | | 275 | | | 275 | | | — | | | 275 | | Intangibles, net | | | | $ | 22,305 | | $ | (14,313) | | $ | 7,992 | | $ | 22,305 | | $ | (13,536) | | $ | 8,769 | |
We anticipate recording amortization expense of $0.8 million for the remainder of fiscal 2022, $1.5 million for fiscal year 2023, $1.5 million for fiscal year 2024, $1.5 million for fiscal year 2025, and $2.4 million thereafter.
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