Nokia 2004 Annual Report Download - page 154

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Notes to the Consolidated Financial Statements (Continued)
13. Intangible assets
2004 2003
EURm EURm
Capitalized development costs
Acquisition cost January 1 ............................................. 1,470 1,707
Additions .......................................................... 101 218
Impairment and write-offs ............................................ (115) (455)
Accumulated amortization December 31 .................................. (1,178) (933)
Net carrying amount December 31 ...................................... 278 537
Goodwill
Acquisition cost January 1 ............................................. 1,298 1,429
Additions .......................................................... 20
Impairment charges (Note 8) ........................................... (151)
Accumulated amortization December 31 .................................. (1,208) (1,112)
Net carrying amount December 31 ...................................... 90 186
Other intangible assets
Acquisition cost January 1 ............................................. 554 524
Additions .......................................................... 86 87
Disposals ........................................................... (7) (44)
Translation differences ................................................ (4) (13)
Accumulated amortization December 31 .................................. (420) (369)
Net carrying amount December 31 ...................................... 209 185
The amount of capitalized development cost impairment and write-offs in 2004 include an EUR 50
million impairment charge based on IFRS impairment review and EUR 65 million of other
impairments (EUR 275 million and EUR 180 million in 2003, respectively).
F-29