Poll

Notes to the consolidated financial statements

27. Intangible assets

Download note 27 in XLS

  Balance as at
31 December 2013
Balance as at
31 December 2012
(restated)
  PLN ‘000 PLN ‘000
R&D expenses 4,012  2,133
Copyrights, licenses, concessions and software 23,840 20,649
Payments to intangible assets 2,363 4,557
Total intangible assets 30,215 27,339

As at 31 December 2013, the Group was a party to agreements resulting in contractual liabilities due to acquisition of intangible assets of PLN 3.9 million.

Change in intangible assets in the period from 1 January 2013 to 31 December 2013

  R&D expenses Copyrights, licenses,
concessions and
software
Payments to intangible
assets
Total intangible assets
  PLN ‘000 PLN ‘000 PLN ‘000 PLN ‘000
Gross value of intangible assets at the beginning of the reporting period  2,137  67,404  4,557  74,098
Increases  2,345  12,678  7,554  22,577
Other increases  2,345  7,403  0  9,748
Direct purchases  0  5,275  7,554  12,829
Decreases  0  (137)  (9,748)  (9,885)
Sales, liquidation  0  (137)  0  (137)
Other decreases  0  0  (9,748)  (9,748)
Gross value of intangible assets at the end of the reporting period  4,482  79,945  2,363  86,790
Accumulated amortization at the beginning of the reporting period  4  46,755  0  46,759
Increases  466  9,487  0  9,953
Amortization  466  9,487  0  9,953
Decreases  0  (137)  0  (137)
Sales, liquidation  0  (137)  0  (137)
Accumulated amortization at the end of the reporting period  470  56,105  0  56,575
Net value of intangible assets at the beginning of the reporting period  2,133  20,649  4,557  27,339
Net value of intangible assets at the end of the reporting period  4,012  23,840  2,363  30,215


Change in intangible assets in the period from 1 January 2012 to 31 December 2012 (restated)

  R&D expenses Copyrights, licenses,
concessions and
software
Payments to intangible
assets
Total intangible assets
  PLN ‘000 PLN ‘000 PLN ‘000 PLN ‘000
Gross value of intangible assets at the beginning of the reporting period 22 58,106 5,150 63,278
Increases 2,115 9,481 6,868 18,464
Reclassification from investments 2,115 5,388 0 7,503
Direct purchases 0 4,093 6,868 10,961
Decreases 0 (183) (7,461) (7,644)
Sales, liquidation 0 (141) 0 (141)
Expenditure settlement 0 (42) (7,461) (7,503)
Gross value of intangible assets at the end of the reporting period 2,137 67,404 4,557 74,098
Accumulated amortization at the beginning of the reporting period 0 38,477 0 38,477
Increases 4 8,328 0 8,332
Amortization 4 8,328 0 8,332
Decreases 0 (50) 0 (50)
Sales, liquidation 0 (50) 0 (50)
Accumulated amortization at the end of the reporting period 4 46,755 0 46,759
Net value of intangible assets at the beginning of the reporting period 22 19,629 5,150 24,801
Net value of intangible assets at the end of the reporting period 2,133 20,649 4,557 27,339
 

Annual Report 2013 - Bank Pocztowy