PANDORA Annual Report 2014 - page 119

PARENTCOMPANY FINANCIAL STATEMENTS •111
NOTES FOR THE
PARENT COMPANY
INTANGIBLEASSETS 3.2
Other
Distribution Distribution intangible
DKKmillion Goodwill Brand network rights assets Total
Cost at 1 January 2014 423 1,040 453 1,084 147 3,147
Additions - - - 3 80 83
Cost at 31December 2014 423 1,040 453 1,087 227 3,230
Amortisation and impairment losses at 1 January 2014 - - 177 36 75 288
Amortisation and impairment losses for the year - - 30 - 31 61
Amortisation and impairment losses at 31December 2014 - - 207 36 106 349
Carrying amount at 31December 2014 423 1,040 246 1,051 121 2,881
Cost at 1 January 2013 423 1,040 453 1,084 116 3,116
Additions - - - - 31 31
Cost at 31December 2013 423 1,040 453 1,084 147 3,147
Amortisation and impairment losses at 1 January 2013 - - 146 36 39 221
Amortisation and impairment losses for the year - - 31 - 36 67
Amortisation and impairment losses at 31December 2013 - - 177 36 75 288
Carrying amount at 31December 2013 423 1,040 276 1,048 72 2,859
No intangible assetswere impaired in 2014 or 2013. See note 3.1, intangible assets, to the consolidatedfinancial statements for a description of impairment
testing.
DKKmillion 2014 2013
Amortisation, depreciation and impairment losses for the year
Intangible assets 61 67
Property, plant and equipment 12 19
Total 73 86
Amortisation, depreciation and impairment losses for the year have been recognised in the income statement:
Sales, distribution andmarketing expenses 31 44
Administrative expenses 42 42
Total 73 86