P8 Intangible assets
|
Patents and other intangible assets |
Goodwill |
Total |
|---|---|---|---|
Cost at January 1, 2024 |
754 |
139 |
893 |
Additions |
8 |
– |
8 |
Divestments and disposals |
–10 |
– |
–10 |
At December 31, 2024 |
752 |
139 |
891 |
Accumulated amortization |
|
|
|
At January 1, 2024 |
442 |
139 |
581 |
Amortization for the year |
134 |
– |
134 |
Divestments and disposals |
–10 |
– |
–10 |
At December 31, 2024 |
566 |
139 |
705 |
Net carrying amount |
|
|
|
At December 31, 2024 |
186 |
– |
186 |
|
|
|
|
Cost at January 1, 2025 |
752 |
139 |
891 |
At December 31, 2025 |
752 |
139 |
891 |
Accumulated amortization |
|
|
|
At January 1, 2025 |
566 |
139 |
705 |
Amortization for the year |
135 |
– |
135 |
At December 31, 2025 |
701 |
139 |
840 |
Net carrying amount |
|
|
|
At December 31, 2025 |
51 |
– |
51 |
|
2024 |
2025 |
|---|---|---|
Cost of goods and services sold |
0 |
0 |
Research and development costs |
–134 |
–135 |
Total |
–134 |
–135 |
§ 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
Borrowing costs
In the Parent Company, borrowing costs are expensed in the periods to which they relate. Borrowing costs for assets are not capitalized.