95 / 143
NOTES
Consolidated financial statements • 93
SECTION 3: INVESTED CAPITAL AND WORKING CAPITAL ITEMS, CONTINUED
Other
Distribution
Distribution
intangible
DKK million
Goodwill
Brand
network
rights
assets
Total
2016
Cost at 1 January
2,424
1,057
455
1,432
988
6,356
Acquisition of subsidiaries and activities
115
-
-
-
-
115
Additions
-
-
-
-
371
371
Disposals
-
-
-
-
-8
-8
Exchange rate adjustments
32
-
-
3
9
44
Cost at 31 December
2,571
1,057
455
1,435
1,360
6,878
Amortisation and impairment losses at 1 January
-
-
239
363
305
907
Amortisation for the year
-
-
31
8
164
203
Disposals
-
-
-
-
-3
-3
Exchange rate adjustments
-
-
1
3
1
5
Amortisation and impairment losses at 31 December
-
-
271
374
467
1,112
Carrying amount at 31 December
2,571
1,057
184
1,061
893
5,766
2015
Cost at 1 January
2,080
1,053
478
1,363
596
5,570
Acquisition of subsidiaries and activities
281
-
-
69
-
350
Disposal of subsidiaries and activities
-9
-
-
-
-
-9
Additions
-
4
-
-
399
403
Disposals
-3
-
-
-
-30
-33
Transfers
-
-
-23
-
23
-
Exchange rate adjustments
75
-
-
-
-
75
Cost at 31 December
2,424
1,057
455
1,432
988
6,356
Amortisation and impairment losses at 1 January
-
-
210
316
185
711
Amortisation for the year
-
-
32
47
120
199
Transfers
-
-
-3
-
3
-
Exchange rate adjustments
-
-
-
-
-3
-3
Amortisation and impairment losses at 31 December
-
-
239
363
305
907
Carrying amount at 31 December
2,424
1,057
216
1,069
683
5,449
The majority of the intangible assets have been acquired through business combinations.
3.1 INTANGIBLE ASSETS
DKK million
2016
2015
Amortisation have been recognised in the income statement as follows:
Cost of sales
11
11
Sales, distribution and marketing expenses
115
141
Administrative expenses
77
47
Total
203
199