Tiscali 2014 Annual Report Download - page 96

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Annual financial report as at 31 December 2014
Date
File Name
Status
Page
-
Annual Report as at 31
December 2014
96
Intangible assets (note 13)
Intangible asset movements for the year 2014 were as follows:
Intangible assets
Computers,
software and
development
costs
Concessions
and similar
rights
Broadband
service
activation
costs
Other
intangible
assets
Intangible
assets in
course of
acquisition
and
prepayments
Total
(EUR 000)
HISTORIC COST
1 January 2014
4,639
114,281
114,102
19,344
700
253,065
Increases
3,418
11,639
547
1,093
16,696
Other changes
(1)
(1)
Reclassifications
125
410
(217)
318
31 December 2014
4,639
117,823
126,150
19,890
1,576
270,078
ACCUMULATED
AMORTISATION
1 January 2014
4,639
71,514
90,597
18,522
185,273
Increases in amortisation
9,476
9,424
5,915
24,815
Other changes
Reclassifications
5,515
(5,515)
-
31 December 2014
4,639
80,991
105,537
18,922
210,088
NET VALUE
31 December 2013
-
42,767
23,504
821
700
67,792
31 December 2014
-
36,832
20,613
969
1,576
59,990
The intangible fixed assets mainly concern the operating subsidiary Tiscali Italia S.p.A. and are
analysed as follows.
The item “Computers, software and development costs” included the capitalisation of development
costs for applications software personalized for the exclusive use of the Group.
The balance of “Concessions and similar rights”, amounting to EUR 36.8 million, includes about EUR
28.6 million relating to rights and costs connected with the acquiring of conveying ability, on a long-
term basis, in the shape of concession contracts for the use of the same (IRU/Indefeasible Rights of
Use), licences and software for EUR 6.8 million and EUR 1.4 million for patents. The overall increase
of EUR 3.4 million is attributable to software licences for EUR 3.1 million and patents for EUR 0.3
million.