1 - Intangible fixed assets
Amounts in € 1,000 | Goodwill | Development costs | Software | Total intangible fixed assets 2021 | Total intangible fixed assets 2020 |
Acquisition value as at 1 January | 151.780 | 4.489 | 13.998 | 170.267 | 81.314 |
Investments | 203 | 1.731 | 3.807 | 5.741 | 3.779 |
Acquisitions | 23.793 | 0 | 0 | 23.793 | 85.174 |
Divestments | -3.762 | -122 | -3.936 | -7.820 | 0 |
Acquisition value as at 31 December | 172.014 | 6.098 | 13.869 | 191.981 | 170.267 |
Cumulative amortisation as at 1 January | 30.623 | 2.464 | 7.075 | 40.162 | 27.057 |
Depreciations | -3.762 | -122 | -3.911 | -7.795 | 0 |
Depreciation | 18.612 | 615 | 1.387 | 20.614 | 13.105 |
Release earn-out | 225 | 0 | 0 | 225 | 0 |
Cumulative amortisation as at 31 December | 45.698 | 2.957 | 4.551 | 53.206 | 40.162 |
Book value as at 31 December | 126.316 | 3.141 | 9.318 | 138.775 | 130.105 |
Book value as at 1 January | 121.157 | 2.025 | 6.923 | 130.105 | 54.257 |
Goodwill also includes brand name, customer contracts and order backlog. Goodwill and customer contracts are amortised over 10 years, trade name over 5 years. The costs capitalised under backlog are amortised over a period of 18 months.
Developments costs and software are amortised over 5 years.