P9 Intangible assets
|
Patents and other intangible assets |
Goodwill |
Total |
|---|---|---|---|
Cost |
|
|
|
At January 1, 2019 |
123 |
139 |
262 |
Additions |
17 |
– |
17 |
Divestments and disposals |
–20 |
– |
–20 |
At December 31, 2019 |
120 |
139 |
259 |
|
|
|
|
Accumulated amortization |
|
|
|
At January 1, 2019 |
97 |
58 |
155 |
Divestments and disposals |
–20 |
– |
– |
Amortization for the year |
11 |
28 |
39 |
At December 31, 2019 |
88 |
86 |
174 |
|
|
|
|
Net carrying amount |
|
|
|
At December 31, 2019 |
32 |
53 |
85 |
|
|
|
|
Cost |
|
|
|
At January 1, 2020 |
120 |
139 |
259 |
Additions |
4 |
– |
4 |
Divestments and disposals |
–40 |
– |
–40 |
Reclassifications |
3 |
– |
3 |
At December 31, 2020 |
87 |
139 |
226 |
|
|
|
|
Accumulated amortization |
|
|
|
At January 1, 2020 |
88 |
86 |
174 |
Divestments and disposals |
–22 |
– |
–22 |
Amortization for the year |
8 |
27 |
35 |
At December 31, 2020 |
74 |
113 |
187 |
|
|
|
|
Net carrying amount |
|
|
|
At December 31, 2020 |
13 |
26 |
39 |
|
2019 |
2020 |
|---|---|---|
Administrative expenses |
39 |
35 |
Total |
39 |
35 |
Accounting principles
Intangible assets
The Parent Company recognizes all expenditure for research and development conducted on a proprietary basis as an expense in profit or loss.
Amortization of intangible assets
Intangible assets are amortized on a straight-line basis over the estimated useful lives. Intangible assets are amortized from the date they are available to use. The estimated useful lives are as follows:
- Patents 10–20 years
- Goodwill 10 years