Annual report 2014

2 Intangible assets

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EUR million Goodwill Licences and similar rights Other intangible assets Prepayments Total
Cost
As at 1 Jan. 2014 926 301 108 6 1,341
Foreign exchange rate adjustments 32 7 7 1 47
Additions to scope of consolidation 0
Additions 4 1 5 10
Reclassifications 2 -2 0
Disposals 2 25 3 30
As at 31 Dec. 2014 956 289 113 10 1,368
 
Accumulated depreciation
As at 1 Jan. 2014 39 239 42 2 322
Foreign exchange rate adjustments 1 6 3 10
Additions 0
Depreciation 17 4 21
Impairments 1 1
Reversals of impairment losses 0
Reclassifications 0
Disposals 25 2 27
As at 31 Dec. 2014 40 237 47 3 327
 
Net carrying amounts
As at 31 Dec. 2014 916 52 66 7 1,041
As at 1 Jan. 2014 887 62 66 4 1,019

In the previous year the impairments of EUR 8 million on goodwill were attributable to the ELG division.

The additions to licences and similar rights and prepayments during the financial year result essentially from software. Of the disposals during the financial year, EUR 24 million reported under cost and EUR 21 million reported under accumulated depreciation resulted from the reclassification of assets within the TAKKT division as held for sale. Of the disposals during the previous year, EUR 2,930 million reported under cost and EUR 666 million reported under accumulated depreciation resulted from the reclassification of the Celesio division’s assets as held for sale.

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EUR million Goodwill Licences and
similar rights
Other intangible
assets
Prepayments Total
Cost
As at 1 Jan. 2013 3,553 571 170 48 4,342
Foreign exchange rate adjustments -86 -11 -9 -2 -108
Additions to scope of consolidation 3 3
Additions 15 15 3 9 42
Reclassifications 6 -6 0
Disposals 2,556 283 56 43 2,938
As at 31 Dec. 2013 926 301 108 6 1,341
 
Accumulated depreciation
As at 1 Jan. 2013 445 414 76 13 948
Foreign exchange rate adjustments -7 -6 -1 -14
Additions 0
Depreciation 43 10 53
Impairments 8 8
Reversals of impairment losses 0
Reclassifications 0
Disposals 414 211 38 10 673
As at 31 Dec. 2013 39 239 42 2 322
 
Net carrying amounts
As at 31 Dec. 2013 887 62 66 4 1,019
As at 1 Jan. 2013 3,108 157 94 35 3,394

Other intangible assets include assets with indefinite useful lives totalling EUR 52 million (previous year: EUR 50 million). These relate predominantly to brand names acquired through business combinations.

As in the previous year, legally and economically owned intangible assets are not subject to any restrictions on title. As in the previous year, no intangible assets have been pledged as security for own liabilities.

As at 31 December 2014 purchase commitments for intangible assets amounted to EUR 1 million (previous year: EUR 0 million).