Anders Hedin Invest årsredovisning ENG 1
NOTE 15 INTANGIBLE ASSETS Intangible rights Acqui
sition value Opening balance 1/1/2014 Purchases Business combinations Translation differences Closing balance 31/12/2014 Purchases Business combinations Sales/disposals Translation differences Closing balance 31/12/2015 Accumulated amortisation Opening balance 1/1/2014 Amortisation for the year Translation differences Closing balance 31/12/2014 Amortisation for the year Sales/disposals Translation differences Closing balance, 31/12/2015 Book value 31/12/2014 Book value 31/12/2015 Impairment testing of goodwill Goodwill is monitored by management at the Group level. Impairment testing of goodwill attributable to cash generating units and other intangible assets is conducted annually. Estimated recovery values are based on management's expectations of future earnings and cash flow. The estimated cash flows are based in 5 year prognoses based in estimated market developments. After the 5 year period, the cash flow is based in a permanent growth of 2% In calculations of recovery values for cash generating units, a discount factor of 8.7% (7.8%) before tax based in WACC (weighed average cost of capital) has been used. These calculations indicated no need for depreciation of cash generating units, even taking into account reasonable changes in conditions. 11,055 8,791 4,469 -7 24,308 10,458 3,391 -528 -34 37,595 63,329 6,765 267 70,361 11,055 72,120 11,234 260 94,669 -75 70,286 10,458 3,391 -528 -109 107,881 Goodwill Total 0 0 -1,695 6 -1,689 -2,632 528 24 -3,769 22,619 33,826 0 70,040 70,286 0 -1,695 6 -1,689 -2,632 528 24 -3,769 92,659 104,112 78 ANDERS HEDIN INVEST AB ANNUAL REPORT / 2015