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27.2 Quantitative data

Annual Report 2019 > 27.2 Quantitative data
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Movement in intangible assets (by type groups) in the year ended 31 December 2019 Software, licenses and similar assets Trademarks Client relations Intangible assets under development Other intangible assets Total intangible assets
Gross value at the beginning of the period 2,563 611 1,900 365 80 5,519
Changes: 392 - 15 98 5 510
– purchases and in-house production 43 - - 486 5 534
– change in composition of the Group - 2 18 1 1 22
– transfers 370 - - (377) (1) (8)
– sale and liquidation (22) - - (3) - (25)
– foreign exchange differences and other 1 (2) (3) (9) - (13)
Gross value at the end of the period 2,955 611 1,915 463 85 6,029
Accumulated amortization at the beginning of the period (1,299) - (947) - (64) (2,310)
Changes: (363) - (230) - (4) (597)
– amortization for the period (383) - (233) - (8) (624)
– sale and liquidation 22 - - - - 22
– transfers - - - - 4 4
– foreign exchange differences and other (2) - 3 - - 1
Accumulated amortization at the end of the period (1,662) - (1,177) - (68) (2,907)
Impairment losses at the beginning of the period (14) - - (11) (4) (29)
Changes charged to other operating expenses (1) - - (2) - (3)
Other changes - - - 2 4 6
Impairment losses – at the end of the period (15) - - (11) - (26)
Net value of intangible assets at the end of the period 1,278 611 738 452 17 3,096
   
Movement in intangibles (by type groups) in the year ended 31 December 2018 Software, licenses and similar assets Trademarks Client relations Intangible assets under development Other intangible assets Total intangible assets
Gross value at the beginning of the period 2,312 607 1,891 259 75 5,144
Changes: 251 4 9 106 5 375
– purchases and in-house production 90 - - 341 2 433
– transfers 201 - - (203) 2 -
– sale and liquidation (69) - - - (2) (71)
– foreign exchange differences and other 29 4 9 (32) 3 13
Gross value at the end of the period 2,563 611 1,900 365 80 5,519
Accumulated amortization at the beginning of the period (1,017) - (609) - (53) (1,679)
Changes: (282) - (338) - (11) (631)
– amortization for the period (348) - (331) - (9) (688)
– sale and liquidation 66 - - - 1 67
– foreign exchange differences and other - - (7) - (3) (10)
Accumulated amortization at the end of the period (1,299) - (947) - (64) (2,310)
Impairment losses at the beginning of the period (13) - - (8) (1) (22)
Changes charged to other operating expenses (1) - - (3) - (4)
Other changes - - - - (3) (3)
Impairment losses – at the end of the period (14) - - (11) (4) (29)
Net value of intangible assets at the end of the period 1,250 611 953 354 12 3,180

Trademarks, which are intangible assets with an indefinite period of useful life, were subject to an impairment test together with the CGUs to which they belong. The tests have shown no need to recognize impairment losses. Additional information about the tests is presented in section 26.3.

 

Amortization of intangible assets, by their presentation in consolidated profit and loss account 1 January – 31 December 2019 1 January – 31 December 2018
Claims, benefits and movement in technical provisions 23 22
Acquisition expenses 36 39
Administrative expenses 326 293
Other operating expenses1 239 334
Total amortization 624 688

1 Including the amortization of intangible assets purchased in company acquisition transactions in the amount of PLN 233 million (PLN 331 million in 2018).