Annual Report 2010 - ProCredit Bank

70
Annual Report 2010
18. Intangible assets
in EUR
Cost
Total
At 1 January 2010 2,710,448
Additions 567,690
Effect of exchange rate (35,804)
At 31 December 2010 3,242,334
Accumulated amortisation
At 1 January 2010 2,147,290
Amortisation charge for the year 679,047
Disposal (5,739)
Effect of exchange rate (40,235)
At 31 December 2010 2,780,363
Net book value
At 31 December 2010 461,972
Cost
At 1 January 2009 2,145,039
Additions 688,687
Effect of exchange rate (123,278)
At 31 December 2009 2,710,448
Accumulated amortisation
At 1 January 2009 1,515,097
Amortisation charge for the year 719,267
Effect of exchange rate (87,075)
At 31 December 2009
Net book value
2,147,289
At 31 December 2009 563,158
19. Property and equipment
Leasehold Furniture and Motor Construction Total
in EUR
Cost
improvements computer equipment vehicles in progress
At 1 January 2010 5,329,465 6,189,141 825,116 10,056 12,353,778
Additions 276,421 535,049 91,900 124,150 1,027,521
Disposals (704,792) (320,832) (179,713) (128,360) (1,333,697)
Effect of exchange rate (70,399) (81,755) (10,899) (133) (163,187)
At 31 December 2010 4,830,695 6,321,603 726,404 5,713 11,884,415
Accumulated depreciation
At 1 January 2010 2,270,611 4,090,828 427,068 – 6,788,508
Depreciation charge for the year 825,859 687,427 124,385 – 1,637,671
Disposal (366,770) (140,884) (145,135) – (652,789)
Effect of exchange rate (44,430) (66,054) (7,816) – (118,300)
At 31 December 2010 2,685,270 4,571,317 398,502 – 7,655,089
Net book value
At 31 December 2010 2,145,425 1,750,286 327,902 5,713 4,229,326