9. Intangible assets

As at 31 December 2013 and 31 December 2012 all intangible assets were manufactured externally.

Amortization of intangible assets by position in the consolidated income statement1 January – 31 December 20131 January – 31 December 2012
Claims, benefits and change in technical provisions 12 904 17 764
Benefits and change in measurement of investment contracts 2 9
Acquisition costs 12 284 16 843
Administrative expenses 33 819 39 283
Other operating expenses 1 355 110
Costs of investment activities 79 383
Total amortization 60 443 74 392
   
Changes in intangible assets (by group) in the year ended 31 December 2013
 Acquired concessions, patents, licenses and similar items, including:Computer softwareIntangible assets under constructionOther intangible assetsTotal intangible assets 
Gross value of intangible assets – opening balance 559 746 446 263 206 382 1 507 767 635
Increases (due to): 211 755 207 524 172 831 471 385 057
- purchase 18 582 18 226 169 496 - 188 078
- change in the consolidation scope 7 470 5 557 - 471 7 941
- reclassification from intangible assets under construction 185 359 183 495 - - 185 359
- other 344 246 3 335 - 3 679
Decreases (due to): (7 269) (4 031) (193 509) (17) (200 795)
- sale (260) - - (17) (277)
- liquidation (5 147) (2 705) (4 420) - (9 567)
- reclassification from intangible assets under construction - - (185 359) - (185 359)
- other (1 862) (1 326) (3 730) - (5 592)
Exchange differences (53) (47) - - (53)
Gross value of intangible assets – closing balance 764 179 649 709 185 704 1 961 951 844
Accumulated amortization – opening balance (415 442) (341 967) - (311) (415 753)
Changes (due to): (60 706) (56 066) - (525) (61 231)
- amortization for the period (60 316) (55 073) - (127) (60 443)
- disposal 57 - - 9 66
- liquidation 4 648 2 687 - - 4 648
- change in the consolidation scope (4 875) (3 250) - (419) (5 294)
- exchange differences 19 19 - 12 31
- other (239) (449) - - (239)
Accumulated amortization – closing balance (476 148) (398 033) - (836) (476 984)
Impairment losses – opening balance (34 165) - (134 479) - (168 644)
Changes charged to income statement, including: - - (1 910) - (1 910)
- other operating expenses - - (1 910) - (1 910)
Liquidation of assets - - 4 420 - 4 420
Impairment losses – closing balance (34 165) - (131 969) - (166 134)
Net value of intangible assets – closing balance 253 866 251 676 53 735 1 125 308 726

“Impairment losses”, include among others losses with respect to:

  • the total balance of expenditures incurred for the GraphTalk project in the amount of PLN 116,309 thousand (PLN 116,309 thousand as at 31 December 2012);
  • the unit-linked insurance management module and the base license GraphTalk in the amount of PLN 34,165 thousand (PLN 34,165 thousand as at 31 December 2012);
  • the “Central Customer Database” project in the amount of PLN 6,255 thousand (PLN 6,255 thousand as at 31 December 2012).

Changes in intangible assets (by group) in the year ended 31 December 2012
 Acquired concessions, patents, licenses and similar items, including:Computer softwareIntangible assets under constructionOther intangible assetsTotal intangible assets 
Gross value of intangible assets – opening balance 490 959 356 492 224 258 1 003 716 220
Increases (due to): 116 930 115 063 96 938 601 214 469
- purchase 2 286 2 272 88 230 601 91 117
- reclassification from intangible assets under construction 114 634 102 786 - - 114 634
- other 10 10 005 8 708 - 8 718
Decreases (due to): (47 145) (24 304) (114 814) (4) (161 963)
- liquidation (46 143) (23 089) - - (46 143)
- reclassification from intangible assets under construction - - (114 634) - (114 634)
- other (1 002) (1 215) (180) (4) (1 186)
- exchange differences (998) (988) - (93) (1 091)
Gross value of intangible assets – closing balance 559 746 446 263 206 382 1 507 767 635
Accumulated amortization – opening balance (388 012) (301 364) - (222) (388 234)
Changes (due to): (27 430) (40 603) - (89) (27 519)
- amortization for the period (74 297) (60 065) - (95) (74 392)
- liquidation 46 143 23 089 - - 46 143
- exchange differences 694 694 - 24 718
- other 30 (4 321) - (18) 12
Accumulated amortization – closing balance (415 442) (341 967) - (311) (415 753)
Impairment losses – opening balance (34 165) - (127 783) - (161 948)
Changes charged to income statement, including: - - (6 696) - (6 696)
- other operating expenses - - (6 696) - (6 696)
Impairment losses – closing balance (34 165) - (134 479) - (168 644)
Net value of intangible assets – closing balance 110 139 104 296 71 903 1 196 183 238