Notes to the Consolidated Financial Statements Intangible assets (7) in CHF million Goodwill Develop- Other Total ment costs intangible assets Cost 2018 Opening balance at January 1, 2018 105.6 878.1 204.5 1,188.2 Change in scope of consolidation – – 3.5 3.5 Additions – 158.1 11.8 169.9 Disposals – (0.9) (12.6) (13.5) Currency translation adjustment (5.0) – (4.4) (9.4) Closing balance at December 31, 2018 100.6 1,035.3 202.8 1,338.7 Accumulated amortization 2018 Opening balance at January 1, 2018 – (339.9) (116.3) (456.2) Additions – (73.8) (14.3) (88.1) Impairment losses – (0.9) – (0.9) Disposals – 0.9 12.5 13.4 Currency translation adjustment – – 1.4 1.4 Closing balance at December 31, 2018 – (413.7) (116.7) (530.4) Net book values at December 31, 2018 100.6 621.6 86.1 808.3 in CHF million Goodwill Develop- Other Total ment costs intangible assets Cost 2017 Opening balance at January 1, 2017 – 751.8 125.8 877.6 Change in scope of consolidation 108.5 0.6 68.8 177.9 Additions – 144.7 12.7 157.4 Disposals – (19.0) (2.1) (21.1) Currency translation adjustment (2.9) – (0.7) (3.6) Closing balance at December 31, 2017 105.6 878.1 204.5 1,188.2 Accumulated amortization 2017 Opening balance at January 1, 2017 – (297.1) (108.8) (405.9) Change in scope of consolidation – – – – Additions – (59.6) (8.7) (68.3) Impairment losses – (0.3) – (0.3) Disposals – 17.1 2.1 19.2 Currency translation adjustment – – (0.9) (0.9) Closing balance at December 31, 2017 – (339.9) (116.3) (456.2) Net book values at December 31, 2017 105.6 538.2 88.2 732.0 2018 Financial Report | 43