Note C: Intangible assets

Intangible assets include (internally developed) software and other intangibles, mainly licenses.

Intangible assets

In € millions

Other intangibles

 

 

Balance at January 1, 2020

 

Cost of internally developed intangibles

51

Accumulated amortization

(6)

Carrying value at January 1, 2020

45

 

 

Movements in 2020

 

Additions

31

Amortization

(5)

Total movements

26

 

 

Cost of internally developed intangibles

82

Accumulated amortization

(11)

Balance at December 31, 2020

71

 

 

Movements in 2021

 

Additions

31

Amortization

(11)

Total movements

20

 

 

Cost of internally developed intangibles

113

Accumulated amortization

(22)

Balance at December 31, 2021

91