Annual Report 2012 - Investor Relations

62Notes to the consolidated financial statements17. Intangible assets2012 SoftwareTCHFAcquisition costs as at 1 January 14,595 14,595Transfers between categories – –Additions 431 431Disposals –2,259 –2,259Exchange differences –13 –13Acquisition costs as at 31 December 12,754 12,754Cumulative amortisation as at 1 January –11,160 –11,160Depreciation –809 –809Impairment – –Disposals 2,259 2,259Exchange differences 10 10Cumulative amortisation as at 31 December –9,700 –9,700Carrying amount as at 31 December 3,054 3,054Carrying amount as at 1 January 3,435 3,435TotalTCHF2011 SoftwareTCHFAcquisition costs as at 1 January 11,959 11,959Additions 2,662 2,662Disposals – –Exchange differences –26 –26Acquisition costs as at 31 December 14,595 14,595Cumulative amortisation as at 1 January –6,560 –6,560Depreciation –1,648 –1,648Impairment –2,976 –2,976Disposals – –Exchange differences 24 24Cumulative amortisation as at 31 December –11,160 –11,160Carrying amount as at 31 December 3,435 3,435Carrying amount as at 1 January 5,399 5,399TotalTCHFThe assets were examined on the balance sheet reporting date for any signs of impairment as provided for in Swiss GAAP FER 20. Noimpairments were applied for 2012. (Impairments in the amount of TCHF 2,976 were applied in 2011 in association with the restructuringof the Cham Paper Group.)