12. Intangible assets

Intangible assets 2019
EUR 1,000	Goodwill	Product development costs	Other intangible assets	Total

Acquisition cost 1 Jan	17,528	14,406	6,952	38,886
Exchange differences			-75	-75
Additions		2,947		2,947
Disposals			-755	-755
Acquisition cost 31 Dec	17,528	17,353	6,122	41,003

Accumulated amortisations and impairment losses 1 Jan	-17,528	-14,406	-6,753	-38,687
Exchange differences			849	849
Accumulated amortisations on disposals
Impairment loss on goodwill
Amortisation during period			-168	-168
Accumulated amortisations and impairment losses 31 Dec	-17,528	-14,406	-6,072	-38,006

Book value 31 Dec 2019		2,947	50	2,997

Product development costs and impairment testing
Capitalized product development costs inlude EUR 2,947 (0) thousand such products that are not yet in commercial use, and therefore not amortized. These intangibles in progress are tested for impairment annually, and they are allocated to operating segments as follows: MEA & APAC EUR 2,071 (0) thousand and Americas & Europe EUR 876 (0) thousand. Based on the impairment tests performed, there is no need to recognize an impairment loss on intangibles in progress. Research and development costs recorded in the income statement are presented in note 8.


Intangible assets 2018
EUR 1,000	Goodwill	Product development costs	Other intangible assets	Total

Acquisition cost 1 Jan	17,528	14,406	7,134	39,068
Exchange differences			-147	-147
Additions
Disposals			-34	-34
Acquisition cost 31 Dec	17,528	14,406	6,952	38,886

Accumulated amortisations and impairment losses 1 Jan	-17,528	-14,406	-6,871	-38,805
Exchange differences			186	186

Accumulated amortisations on disposals
Amortisation during period			-68	-68
Accumulated amortisations and impairment losses 31 Dec	-17,528	-14,406	-6,753	-38,687

Book value 31 Dec 2018			199	199

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