12. Intangible assets

Financial statements

(thousands of €)

In process technology

Software & databases

Brands, licenses, patents & know-how

Total

Acquisition value

 

 

 

 

 

 

 

 

 

On 1 January 2016

5,561

7,318

1,512

14,392

Additions

 

317

15

332

Sales and disposals

 

(508)

(4)

(512)

Translation differences

 

58

58

On 31 December 2016

5,561

7,185

1,523

14,269

Additions

1,500

623

2

2,125

Sales and disposals

 

(100)

 

(100)

Translation differences

 

(212)

 

(212)

On 31 December 2017

7,061

7,496

1,525

16,082

 

 

 

 

 

Amortization and impairment

 

 

 

 

 

 

 

 

 

On 1 January 2016

5,561

5,777

1,501

12,841

Amortization

 

856

4

860

Sales and disposals

 

(509)

(5)

(514)

Translation differences

 

57

 

57

On 31 December 2016

5,561

6,182

1,501

13,246

Amortization

 

644

8

652

Sales and disposals

 

(99)

 

(99)

Translation differences

 

(212)

 

(212)

On 31 December 2017

5,561

6,514

1,509

13,587

 

 

 

 

 

Carrying amount

 

 

 

 

 

 

 

 

 

On 31 December 2016

 

1,003

22

1,023

On 31 December 2017

1,500

982

16

2,495

The intangible assets increased by €1.5 million from €1.0 million at 31 December 2016, to €2.5 million at 31 December 2017. The amortization of €0.7 million was fully compensated by new additions for €2.1 million.

On 31 December 2017, our balance sheet did not hold any internally generated assets capitalized as intangible asset.