Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Financial review 2009<br />
4.2 Intangible assets<br />
The composition and changes were as follows:<br />
EUR’000<br />
COST<br />
note<br />
Goodwill Software Total<br />
January 1, 2008 272,604 3,006 275,610<br />
Acquisitions through business combinations 6.1 2,709 0 2,709<br />
Additions at cost 0 866 866<br />
Disposals at cost 0 (10) (10)<br />
Effect of movements in exchange rates (5,478) 0 (5,478)<br />
December 31, 2008 269,835 3,862 273,697<br />
January 1, 2009 269,835 3,862 273,697<br />
Acquisitions through business combinations 6.1 1,423 557 1,980<br />
Additions at cost 0 2,344 2,344<br />
Disposals at cost 0 (268) (268)<br />
Effect of movements in exchange rates 1,050 0 1,050<br />
December 31, 2009 272,308 6,495 278,803<br />
AMORTIzATION AND IMPAIRMENT LOSSES<br />
January 1, 2008 0 (1,287) (1,287)<br />
Amortization for the year 5.4 0 (641) (641)<br />
December 31, 2008 0 (1,928) (1,928)<br />
January 1, 2009 0 (1,928) (1,928)<br />
Acquisitions through business combinations 6.1 0 (497) (497)<br />
Amortization for the year 5.4 0 (697) (697)<br />
Impairment losses 5.4 (975) (7) (982)<br />
Disposals 0 160 160<br />
December 31, 2009 (975) (2,969) (3,944)<br />
CARRYING AMOUNTS<br />
January 1, 2008 272,604 1,719 274,323<br />
December 31, 2008 269,835 1,934 271,769<br />
December 31, 2009 271,333 3,526 274,859<br />
Amortization and impairment charge<br />
Amortization and impairment losses are recognized in <strong>de</strong>preciation, amortization and impairment expense<br />
in the income statement.