Repower – Annual Report 2020

CHF thousand	Goodwill	Software	Concessions and rights of use	Other	Total

Gross values at 1 January 2019	955	28,842	17,360	2,385	49,542
Additions	-	1,891	26	2,505	4,422
Disposals	-	-	–5	-	–5
Disposals from changes in consolidation	-	–1,696	-	-	–1,696
Reclassifications between asset classes	-	909	-	–1,130	–221
Effect of currency translation	–35	–392	–39	–117	–583
Gross values at 31 December 2019	920	29,554	17,342	3,643	51,459

Accumulated amortisation and value adjustments at 1 January 2019	-	–24,330	–12,919	–205	–37,454
Amortisation	–189	–2,231	–354	–51	–2,825
Disposals from changes in consolidation	-	1,143	-	-	1,143
Effect of currency translation	5	320	-	9	334
Accumulated amortisation and value adjustments at 31 December 2019	–184	–25,098	–13,273	–247	–38,802
Net values at 31 December 2019	736	4,456	4,069	3,396	12,657

Gross values at 1 January 2020	920	29,554	17,342	3,643	51,459
Additions	-	1,461	-	1,214	2,675
Disposals	-	-	-	–104	–104
Reclassifications between asset classes	-	1,513	-	–1,693	–180
Effect of currency translation	–4	–24	–5	–23	–56
Gross values at 31 December 2020	916	32,504	17,337	3,037	53,794

Accumulated amortisation and value adjustments at 1 January 2020	–184	–25,098	–13,273	–247	–38,802
Amortisation	–181	–2,203	–354	–84	–2,822
Effect of currency translation	–1	29	-	-	28
Accumulated amortisation and value adjustments at 31 December 2020	–366	–27,272	–13,627	–331	–41,596
Net values at 31 December 2020	550	5,232	3,710	2,706	12,198

The goodwill stems from the acquisition of Repower Renewable S.p.A. in December 2018.