Econocom - 2019 Universal registration document

198 2019 annual report 06 consolidated financial statements notes to the consolidated financial statements Customer portfolios, brands and business assets are intangible assets which are recognised in connection with business combinations, amortised over the useful lives shown above. Franchises, patents, licences, etc. consist mainly of licences acquired and amortised over their useful lives. IT systems are mainly the result of developments made by the Group and associated companies, and are amortised over the periods set out above. 2018 Intangible assets in € ڳ millions Customer portfolio and business assets Franchises, patents, licences, etc. IT systems and other internally generated assets Other Total Acquisition cost Gross value at 31 ژ Dec. 2017 54.2 39.4 81.0 6.9 181.5 Acquisitions - 2.9 20.0 0.8 23.6 Disposals (retirements) - (6.9) (0.4) - (7.3) Changes in scope of consolidation - 1.9 0.1 - 2.0 Transfers and other movements - 1.6 - (0.6) 1.0 Gross value at 31 ژ Dec. 2018 54.2 38.8 100.8 7.1 200.8 Depreciation and impairment Accumulated depreciation at 31 ژ Dec. 2017 (26.0) (30.1) (41.1) (4.7) (101.9) Additions (4.4) (4.2) (13.0) (0.4) (22.0) Disposals (retirements) - 6.9 - - 7.0 Changes in scope of consolidation - (1.4) (0.1) - (1.5) Transfers and other movements - 1.5 - (0.5) 0.9 Accumulated depreciation at 31 ژ Dec. 2018 (30.4) (27.3) (54.2) (5.6) (117.5) Carrying amount at 31 ژ Dec. 2017 28.2 9.3 39.9 2.2 79.6 Carrying amount at 31 ژ December 2018 23.8 11.5 46.6 1.5 83.4