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Notes for P&L

Not 10 Intangible assets

Intangible assets under development 2025-12-31 2024-12-31
Opening accumulated acquisition cost - 19,754
Acquisitions during the year - 4,114
Reclassifications - -23,867
Closing accumulated acquisition cost - -
     
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Opening accumulated acquisition cost 23,867 -
Reclassifications - 23,867
Closing accumulated acquisition cost 23,867 23,867
     
Opening accumulated amortization -2,785 -
Amortization for the period -4,773 -2,785
Closing accumulated amortization -7,558 -2,785
Closing carrying amount 16,309 21,083
Capitalized development costs

The reported value includes direct costs and, when applicable, salary expenses and a share of indirect expenses. Other expenses related to development are reported in the income statement as other external costs when they arise. In the financial position report, capitalized development costs are recorded at acquisition value minus accumulated amortization and any write-downs. Capitalized costs mainly relate to the software platform.

Amortization principles

Amortization is recognized in the current year’s profit or loss on a straight-line basis over the estimated useful lives of amortizable intangible assets. Amortization begins when the asset is available for use, meaning when it is in the condition necessary for it to operate as intended by management.

The estimated useful lives are:
Number of years
Capitalized development costs 5

 

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